Home Ipak Yuli Bank Ipak Yuli Bank In brief Ipak Yuli is a privately owned bank in Uzbekistan focusing on SME lending. Ipak Yuli has consistently grown, and to expand its loan book further, it invited Finnfund to provide a loan for on-lending to its clients. Ipak Yuli’s strategy is to increase the share of microcredit clients in its lending portfolio to above 30%. Main development impact Uzbekistan is a lower-middle-income country. The most important development impacts are employment generation and reduction of poverty enabled by the financing of entrepreneurs, including people in the informal sector of the economy. Investment details Name: Ipak Yuli Bank Project number: 80000413 Region: Europe and Central Asia Country: Uzbekistan Sector: Financial institution Signing date (month/year): August 2023 Currency: USD Finnfund's financing (commitment): 15,000,000 Instrument: Loan Size of the project financing: USD 15,000,000 Share of Finnfund's financing (%): 100 % Status: Active Website: www.ipakyulibank.uz Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.August Read our transparency and disclosure policy More information: Ajankohtaista ja julkaisut Nykyiset investoinnit Toimialat Yhteystiedot Key facts Name: Ipak Yuli Bank Sector: Financial institution Region: Europe and Central Asia Country: Uzbekistan Currency: USD Finnfund's financing (commitment): 15,000,000 Signing date (month/year): August 2023 Last update: November 2023