12 марта 2021 г.
Triodos Investment Management provides additional debt facility to Ipak Yuli Bank
On the 11th of March 2021, Triodos Fair Share Fund and Triodos Microfinance Fund, financial inclusion funds managed by Triodos Investment Management, have provided a debt facility of EUR 10 million, equivalent in UZS amount to Ipak Yuli Bank in accordance with signed Loan Agreement.
The debt facility will be directed to support small and medium sized businesses and private enterprises that require financial incentives after the impact of the pandemic. Furthermore, it is noted that long-term loans allocated for financing SME projects will provide an opportunity for clients of the Bank to increase export potential and create new jobs.
The cooperation of Ipak Yuli Bank with Triodos Investment Management began in 2015, when a syndicated credit line worth USD 38 million was provided together with FMO (Dutch entrepreneurial development bank) and DEG (German development finance institution). In 2019, the Bank received subordinated debt in the amount of EUR 3 million and a credit line in the amount of EUR 9 million. In addition, in August 2020, Triodos Microfinance Fund became a minority shareholder of the Bank.
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