PROJECT

Projects

Summary of Investment Information

Project Number

52333

Company Name

SLGP RSF TBC UZ

Date SPI Disclosed

Dec 12, 2025

Country

Uzbekistan

Region

Central Asia and Turkiye

Projected Board Date

Dec 16, 2025

Environmental Category

FI-2 - Limited

Status

Pending Disbursement

Last Updated Date

Jan 17, 2026

Department

Regional Industry FIG MCT

Industry

Financial Markets

Previous Events

Approved : Dec 22, 2025
Signed : Dec 26, 2025

Sector

Commercial Banking - General

Additional Project Attributes

Blended Finance

Project Description

The proposed project consists of an unfunded Risk Sharing Facility (RSF) for JSCB TBC Bank (TBC UZ, the Bank). The facility will have a tenor of up to eight years, under which IFC will guarantee up to $25 million equivalent in local currency, covering 50% of the Bank’s credit risk on a target micro, small, and medium enterprises (MSME) loan portfolio of up to $50 million equivalent in local currency.

 

Subject to eligibility confirmation, the Project would be processed under IFC’s Small Loan Guarantee Program (SLGP, the Program), a programmatic approach to derisk and scale up financing for MSMEs in eligible countries, such as the Republic of Uzbekistan. SLGP is supported by a pooled first-loss guarantee (PFLG) provided by the IDA-PSW Blended Finance Facility.

Associated Advisory Engagement

                                  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation