Ipak Yuli Bank Recognized as a Confirming Bank in the Asian Development Bank’s Trade Finance Program

September 18, 2025

Ipak Yuli Bank Recognized as a Confirming Bank in the Asian Development Bank’s Trade Finance Program

Tashkent, 2025 

 

 

Ipak Yuli Bank has been granted the status of Confirming Bank under the Asian Development Bank’s (ADB) Trade and Supply Chain Finance Program (TSCFP). 

 

This recognition is the result of the Bank’s successful performance in trade finance and documentary operations. 

 

What is TSCFP 

 

- The ADB program is aimed at expanding access to financing in international trade and supply chains. 

- Partner banks receive ADB guarantees and participate in operations related to confirming payments under export-import contracts. 

 

What this means for clients and partners 

 

- New opportunities for business. Importers and exporters can use the tools of a confirming bank to simplify transactions, increase transparency, and reduce risks. 

- Strengthened trust. The confirming bank status enhances the reliability of Ipak Yuli Bank in the international arena. Leadership in trade finance. For several consecutive years, the Bank has been recognized by ADB as a leading trade finance partner in Uzbekistan. 

 

We are pleased to become a confirming bank under ADB’s Trade Finance Program. 

 

This step opens new opportunities for our clients and confirms that Ipak Yuli is a bank capable of supporting business on the international stage. 

 

 

About Ipak Yuli Bank 

 

Founded in 1990 as the first private bank of independent Uzbekistan, Ipak Yuli Bank today serves over 2.5 million clients with a broad portfolio of retail, corporate, and investment products. The bank has issued more than 5 million cards and operates a network of 900+ ATMs and 20,000 POS terminals. 

 

A leader in digital adoption, the bank prioritizes customer experience and sustainable growth. It is a signatory of the We-Finance Code, adheres to ESG standards, and holds ISO 9001 and ISO 14001 certifications. Among its shareholders are respected international institutions including the Asian Development Bank (ADB), DEG, and Triodos Investment Management. 

 

Ipak Yuli Bank’s reliability is recognized by international ratings (Fitch B, Moody’s B1) and its Confirming Bank status under ADB’s Trade and Supply Chain Finance Program (TSCFP). The bank has earned multiple international awards from Visa, Mastercard, Uzcard, and the EBRD, highlighting achievements in marketing, digital innovation, card issuance, and sustainability. 

 

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