Project financing is financing of large investment projects and programs
aimed at attracting to Uzbekistan of advanced technologies, modernization and technical re-equipment of enterprises based on modern equipment, production of high quality consumer goods, expanding export potential of the republic, maintenance of foreign economic activity.
Terms of extending investment credits
- Loan term - depending on the payback period;
- Interest rate - 12-18%;
- Borrower's own funds involved – not less than 25% of the project amount;
- Collateral – must meet the Bank’s requirements, in the amount not less than 125% of the credit amount.
Foreign credit lines
Line of financing of the Islamic Corporation for the Development of the Private Sector (ICD) directed to finance investment projects of small businesses and private entrepreneurship for the purchase of equipment and technologies for the companies, whose main activities does not contradict to the requirements of ICD that are not located in the sectors of tourism, defense or real estate.
The minimum and maximum amount of financing for each project may vary from 300,000.00 to 1,200,000.00 US dollars.
The maximum term of financing under this line is 5 years.
The grace period for the project is up to 6 months.
Share of participation in the project of small business and private entrepreneurship not less than 25%.