Release date: 5 June 2020
Promoter – Financial Intermediary
REPUBLIC OF UZBEKISTANLocation
Description
The operation consists in a sovereign loan supporting the government of Uzbekistan to help micro, small and medium-sized enterprises (MSMEs) economically affected by the COVID-19 pandemic. The loan will be provided to the government for on-lending through acceptable financial intermediaries.
Objectives
The aim is to enhance access to finance for MSMEs, now negatively affected by the COVID-19 pandemic, to finance their investment needs and other eligible expenditures. The proposed emergency loan is part of the policy and operational response of the EIB to the COVID-19 epidemic breakout outside the EU.
Sector(s)
- Credit lines - Credit lines
Under ELM Guarantee
This operation is covered by the ELM Guarantee.
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
not applicable
Environmental aspects
In compliance with EIB environmental standards
Procurement
In compliance with EIB procurement standards
Status
Signed - 23/12/2020
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).