Ipoteka Bank

Ipoteka Bank - OFID Direct Loan

Borrower (s)
Ipoteka Bank
Industry
Other/Financial Services
Area of finance
Development Bank Finance
Country
Uzbekistan

Deal Overview

The OPEC Fund for International Development closed private sector loan agreement with the Joint Stock Commercial Mortgage Bank (Ipoteka Bank), Uzbekistan.  The loan will be used for on-lending to small- and medium-sized enterprises (SMEs) in Uzbekistan and support the bank’s...

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The OPEC Fund for International Development closed private sector loan agreement with the Joint Stock Commercial Mortgage Bank (Ipoteka Bank), Uzbekistan.  The loan will be used for on-lending to small- and medium-sized enterprises (SMEs) in Uzbekistan and support the bank’s pre-privatization efforts to shift to a more commercially viable and competitive business model.  

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Deal Volume
$ 30m
Financial Close
01 June 2021
Sources

All Dealmakers

Tranches


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