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As stated by the EBRD, the project consists of the provision of a senior loan of $5 million equivalent in one tranche to Davr Bank to be used for on-lending to eligible micro, small and medium-sized enterprises (MSMEs) in Uzbekistan. The loan will be provided either in US dollar or in synthetic UZS.
The proceeds of the loan will help DB to continue supporting eligible MSMEs in Uzbekistan. At least 30 per cent of the EBRD loan is expected to be on-lent to women-led MSMEs.
The EBRD categorized the project environmental and social risk as 'FI'.
As stated by the EBRD, Davr Bank (DB) is a privately-owned bank in Uzbekistan with focus on MSME and retail segments. As of end 2024, DB was ranked 20th by loan portfolio among 36 banks in the country and held a market share of 1.2% by total assets.
Financial Intermediary - Davr Bank:
General Enquiries
Email: info@davrbank.uz
Website: www.davrbank.uz
Address: Block A, Navoi - Zarkaynar Street. Tashkent, 100021 The Republic of Uzbekistan
ACCESS TO INFORMATION
You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html