02 апреля 2021 г.

Information on the participation of “Ipak Yuli” JSICB in the realization of projects financed by the foreign debt under the state guarantee

Bank "Ipak Yuli" has many years of experience in working with international financial institutions and foreign banks, which started in 1997, when cooperation with the German Development Bank KfW was established. Within the framework of this cooperation, in the same year, the first credit line under the state guarantee was attracted.

Since then until now, the Bank has attracted many credit lines under the state guarantee for a total amount equivalent to USD 139.30 million from such International Financial Institutions as the Asian Development Bank, the International Development Association and the International Bank for Reconstruction and Development (World Bank Group), as well as Japan International Cooperation Agency.

As of March 1, 2021, the outstanding balance under these credit lines amounted to the equivalent of USD 118.41 million, respectively, the Bank repaid in total in the equivalent of USD 20.88 million. In 2020, the Bank allocated funds in the equivalent of USD 5.99 million to service debt on credit lines under the state guarantee, and for 2021 the planned amount is in the equivalent of USD 8.72 million according to the repayment schedule.

Taking into account the fact that the main target segment for the Bank is small and private business, those funds are directed primarily to investment projects and projects aimed at supporting the activities of small businesses and private entrepreneurship.

Under those credit lines, the Bank has financed over 1,356 projects in various sectors of the economy, in particular in horticulture, textiles, industry, services and trade, as a result of which more than 2,500 new jobs have been created.

Millions of people choose Ipak Yo‘li Mobile

Transfer without commision, opening deposits with a high interest rate, financial accounting - on your phone
banner