PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

604138

Primary Business Area

Financial Institutions Group

Disclosure Date

Feb 7, 2021

Country

Uzbekistan

Region

Central Asia and Turkiye

IFC Approval Date

Jul 3, 2019

Status

Active

Estimated Total Budget

$1,483,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Mar 2, 2021

Project Estimated Start Date

Jul 1, 2019

Project Estimated End Date

Jun 30, 2021

Project Description

This Project will support the initial steps in UzPSB’s transformation into a commercially viable and financially sustainable institution and position it as the first bank with inhouse developed green banking competencies. The objectives will be met by in-depth advisory implementation work along three broad components: (1) Strategy Formulation and Corporate Governance Improvement, to focus on helping bank to develop a clear bank-wide strategy and roadmap for growth and provide assistance, through partner project, to improve corporate governance; (2) Design of a new business segments model, providing assistance to operationalize a new business model, strengthen corporate business, repositioning and strengthening SME and retail banking operations, and (3) providing assistance to build necessary competencies to lay a foundation of offering green banking to its clientele.

Development Results

E&S Risks / Impacts and Mitigation