According to FMO bank information, under this project it would be provided loan to Joint-Stock Commercial Bank Microcreditbank ("Microcreditbank") of Uzbekistan.
Joint-Stock Commercial Bank Microcreditbank ("Microcreditbank"), Uzbekistan will be the FMO/Invest International borrower. Microcreditbank was established in 2006, in accordance with the Decree of the President of the Republic of Uzbekistan. Executing its role as a state-owned development bank, Microcreditbank focuses on providing financial solutions to SMEs, entrepreneurs and retail clients in rural areas of Uzbekistan. The bank consists of a large and wide branch network across the country (71 branches and offices).
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ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW). A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism