Bank Ipak Yuli plans to attract loans from the EBRD

Askar Yakubov · 08:57, 19.04.2024 · Updated 01:38 · 963 views

Tashkent, Uzbekistan (UzDaily.uz) -- Bank Ipak Yuli intends to attract credit resources from the European Bank for Reconstruction and Development (EBRD) in the amount of US$10 million, according to the EBRD website.

It is assumed that these funds can be provided as part of the “Youth in Business” program for Central Asia.

The three-year unsecured loan will be divided into two equal tranches of US$5 million each and will be available in local currency.

These funds will be used to finance projects in the field of small and medium-sized businesses.

Bank Ipak Yuli also plans to attract US$10 million in loans in local currency to finance small and medium-sized business projects. The loan will be provided under the Financial Intermediary Facility (FIF).

Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.