Credits

Information on the terms of international sovereign (corporate) bonds, deposits of foreign financial institutions, and foreign credit lines with available balances (limits) at JSCB "Asia Alliance Bank" (as of December 1, 2025.)

Credit line within the framework of the International Bank for Reconstruction and Development project "Improving the Energy Efficiency of Industrial Enterprises" (additional financing - 2)

General terms

Date and Number of the Basic Loan Agreement (Loan No.)

30.06.2018 (№8826-UZ)

Involvement under government guarantee or in the name of the Government (guaranteed/unguaranteed

Guaranteed

Renewability of the credit line (revolving/non-revolving)

revolving

Amount and Currency of the Agreement

17 million dollars USA

Available Remaining Limit under the Basic Loan Agreement as of the Reporting Date

6,62 million US dollars

Terms for the utilization of the credit line (start and end dates)

2018-2038

Purpose (sector) of Credit Line Allocation

Financing of industrial enterprises for the purpose of increasing the energy efficiency of enterprises, namely financing:
- energy systems (for example, modernization of boilers and transition to the use of other fuels, comprehensive production of electric and thermal energy);
- production technologies (for example, modernization and replacement of equipment, machinery, and expansion of production areas);
- heat waste generation and utilization systems (e.g., heat waste utilization and combustible waste burning).

Regions Where the Use of Credit Line Funds Is Permitted

Regions of the Republic of Uzbekistan where the Bank's Regional Banking Services Offices are located

Minimum and Maximum Loan Amount (for each allocated project loan)

up to 10.0 million US dollars

Financing Currency

US dollar

Maximum loan term under the credit line

up to 120 months

Average term of loans issued using credit line funds (based on the loan portfolio data)

7.5 years

Grace period on the loan

preferential period not exceeding 36 months.

Cost of foreign credit resources (IFIs/Foreign bank, Ministry of Finance), %

SOFR + variable spread of the IBRD + margin of the Republic of Uzbekistan in the amount of 0.2% per annum; About 7% per annum

Management fee

not provided for

Commitment fee

SOFR + variable spread of the IBRD + margin of the Republic of Uzbekistan in the amount of 0.2% per annum; About 7% per annum

Front-end fee (one-time initial fee)

0.25% of the loan amount

Bank margin

Approximately 4-5% per year

FINAL (TOTAL) APPROXIMATE ANNUAL INTEREST RATE

Approximately 11-12% annually

Weighted Average (Annual) Interest Rate on Loans Issued under this Credit Line (Based on Loan Portfolio Data)

Approximately 10.4%

Requirement for the client's participation share in project financing

not less than 20% of the total project cost.

Country of origin of goods, services, and/or equipment purchased with the loan

unlimited

Document review timelines (branch, Head Office, Agency, IFIs/foreign banks, ECA, etc.)

1. Regional Banking Services Office - up to 3 days
2. Head Bank - up to 3 days
3. Formalization of the individual loan agreement and other permits - up to 4 days
TOTAL - up to 10 days

List of submitted documents

Loan application, founding (incorporation) documents, information about the founders and the company’s management, consent/decision of the founders to obtain a loan and/or provide collateral, business plan, financial statements (balance sheet and others), the conclusion of the state environmental expert examination, as well as other documents related to the implementation of the project

Requirements (options) for collateral security

Not less than 125% of the loan amount in a form satisfying the Bank (real estate, equipment, vehicles, and others not prohibited by law)

Other key terms

• Sub-borrowers will be required to demonstrate energy savings of 20% of annual consumption, unless otherwise agreed with the World Bank. Each proposal for project financing from the Credit Line will have to undergo an environmental impact assessment.