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Hamkorbank II

Sector: Commercial • Location: Uzbekistan

Source: International Finance Corporation (IFC)

Project
Completed

The proposed project consists of the following:- a second senior credit line of up to $3 million to Hamkorbank JSC (“Hamkorbank” or the “Bank”) and - further technical assistance to the Bank in certain specific areas. Hamkorbank is one of the largest privately owned banks in Uzbekistan, headquartered in Andijan, a northeastern town in Uzbekistan and focused on micro and small business lending.

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Project Information

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The project “Hamkorbank II” is an infrastructure initiative in the Commercial sector, located in Uzbekistan. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

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completed

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Description

Description

The proposed project consists of the following:- a second senior credit line of up to $3 million to Hamkorbank JSC (“Hamkorbank” or the “Bank”) and - further technical assistance to the Bank in certain specific areas. Hamkorbank is one of the largest privately owned banks in Uzbekistan, headquartered in Andijan, a northeastern town in Uzbekistan and focused on micro and small business lending. Initially the bank concentrated on the Andijan region, but has gradually spread its business to the neighboring Fergana region and major cities in Uzbekistan. The Bank offers not only SME loans but also micro loans, consumer loans and leasing products. Hamkorbank has been an IFC client since 2001, when IFC made a first investment of $1 million, along with the technical assistance, for the purpose of sub-lending to small and micro entrepreneurs in the region.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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