Summary of Proposed Investment
Project Number
4760
Company Name
RBS NB Uzbekistan
Date SPI Disclosed
Aug 28, 1995
Country
Uzbekistan
Industry
Financial Markets
Status
Completed
Sector
Commercial Banking - General
Department
Global Industry, Financial Markets
Environmental Category
C - No Impact
Previous Events
Approved : Apr 9, 1996
Signed : Jun 12, 1996
Invested : Dec 13, 1996
Project Description
Summary Of Project Information (SPI)
| Project Name | Uzbekistan-ABN-Amro Bank Uzbekistan Limited |
| Region | Central Asia, Middle East and North Africa |
| Sector |
Projected Board DateSeptember 29, 1995
Company NameABN Amro Bank Uzbekistan Limited
Technical Partner and/or Major Shareholders
Technical partner - ABN-Amro N.V. - 50%; Local partner - National Bank for Foreign Economic Activity - 30%; EBRD - 10%; IFC - 10%
Project Cost Including proposed IFC investment
The Bank will be capitalized at US$10 million, of which IFC will invest approximately US$1 million.
Location of project and Description of site
Tashkent, Republic of Uzbekistan
Description of Company and Purpose of Project
The project will consist of the establishment of the first major international joint-venture bank in the Republic of Uzbekistan that is expected to provide essential banking services to Uzbek private sector enterprises.
Environmental Category and Issues
This is a category “C” project. No further environmental review is therefore required.
The is from the Public Information Center.
| Date SPI sent to PIC | August 28, 1995 |
For Additional Information contact: Corporate Relations Unit -
telephone: (202) 473-7711
facsimile: (202) 676-0365
Sponsor / Cost / Location
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