PROJECT

Projects

Summary of Investment Information

Project Number

51045

Company Name

CJSC Bank Imon International

Date SPI Disclosed

Sep 29, 2026

Country

Tajikistan

Region

Central Asia and Turkiye

Projected Board Date

Oct 30, 2026

Environmental Category

FI-3 - No Impact

Status

Pending Approval

Last Updated Date

Sep 30, 2026

Department

Regional Industry FIG MCT

Industry

Financial Markets

Sector

Commercial Banking - Microfinance

Project Description

The proposed Project involves a senior TJS-linked loan up to equivalent of US$20 million, disbursed in two tranches, for the Closed Joint-Stock Company Bank “IMON INTERNATIONAL” (Imon, or the Bank). Up to 50% of the loan proceeds would be allocated for climate related projects, including energy-efficient housing microfinance (at least 25%), up to 25% - for on-lending to agricultural micro and small enterprises (agri-MSEs), and up to 25% - to women-owned MSEs (WMSEs). The loan tenor is 3 years with a grace period of 12 months.

                                                  

Associated Advisory Engagement

In April 2022, IFC started providing advisory support to Imon by developing HMF lending products and strengthening its capacity to offer non-financial services to HMF clients with the objective of growing its HMF portfolio throughout its branch network. In May 2024, IFC provided targeted advisory support in Risk Management to strengthen Imon’s capacity in managing financial risk, capital, profitability management and compliance with new regulatory requirements, especially before transitioning into a bank.

                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation