ABN-AMRO Bank Uzbekistan

completed

Summary Of Project Information (SPI)Project NameUzbekistan-ABN-Amro Bank Uzbekistan LimitedRegionCentral Asia, Middle East and North AfricaSectorProject No004760Projected Board DateSeptember 29, 1995Company NameABN Amro Bank Uzbekistan LimitedTechnical Partner and/or Major Shareholders Technical partner - ABN-Amro N.V. - 50%; Local partner - National Bank for Foreign Economic Activity - 30%; EBRD - 10%; IFC - 10%Project Cost Including proposed IFC investment The Bank will be capitalized at US$10 million, of which IFC will invest approximately US$1 million.Location of project and Description of site Tashkent, Republic of UzbekistanDescription of Company and Purpose of Project The project will consist of the establishment of the first major international joint-venture bank in the Republic of Uzbekistan that is expected to provide essential banking services to Uzbek private sector enterprises.Environmental Category and Issues This is a category “C” project. No further environmental review is therefore required. The is from the Public Information Center.Date SPI sent to PIC August 28, 1995For Additional Information contact: Corporate Relations Unit -telephone: (202) 473-7711facsimile: (202) 676-0365