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DAVR Bank Loan

Sector: Warehouse • Location: Uzbekistan

Source: International Finance Corporation (IFC)

Project
Completed

IFC will provide US$5 million equivalent, Uzbek Sum (“UZS”) - linked Working Capital Solution (“WCS”) facility and a GTFP line with up to US$1 million limit  to Private Joint Stock Commercial Bank DAVR-BANK (“DAVR Bank” or the “Bank”), to support the Bank’s local currency financing of micro, small and medium enterprises (“MSMEs”) and help it expand offering to women-owned MSMEs.DAVR Bank was found

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Project Information

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The project “DAVR Bank Loan” is an infrastructure initiative in the Warehouse sector, located in Uzbekistan. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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completed

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Description

Description

IFC will provide US$5 million equivalent, Uzbek Sum (“UZS”) - linked Working Capital Solution (“WCS”) facility and a GTFP line with up to US$1 million limit  to Private Joint Stock Commercial Bank DAVR-BANK (“DAVR Bank” or the “Bank”), to support the Bank’s local currency financing of micro, small and medium enterprises (“MSMEs”) and help it expand offering to women-owned MSMEs.DAVR Bank was founded and started its activity on September 29, 2001 in the city of Tashkent. The Bank operates as a universal bank providing a wide range of services to legal entities (mostly MSMEs) and individuals. DAVR Bank has 7 branches and one mini-bank, all located in Tashkent and as of IH2019, had a staff of over 450 employees, serving 12,000 corporate and 158,000 retail customers.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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