📋 Tender Overview
Project ID: 55937
Status: Exploratory
Location: Uzbekistan
Business Sector: Financial Institutions
Notice Type: Private
Approval Date: 08 Oct 2025
Disclosure date: 26 Aug 2025
Project Description
The provision of a green loan (GEFF II Loan II) of up to US$ 30 million to Joint Stock Commercial Bank with Foreign Capital Hamkorbank (Hamkorbank) under Uzbekistan Green Economy Financing Facility II (GEFF II Uzbekistan). The proceeds of the loan will be on-lent to eligible sub-borrowers implementing qualifying sub-projects in line with the technical and financial eligibility criteria in accordance with the standard requirements set in the policy statement for the GEFF II Uzbekistan.
Project Objectives
The GEFF II Loan II will contribute towards building a green economy in Uzbekistan by facilitating the expansion of energy efficiency investments in a gender responsive way. The project builds on the successful implementation of previous green financing operations and will scale up Hamkorbank's green activities. Hamkorbank will benefit from a comprehensive technical assistance (TC) to strengthen the internal capacity for financing green projects.
Transition Impact
ETI Score:
The project will contribute to the Green TI quality, with 100 per cent of the use of proceeds allocated to Green Economy Transition (GET) activities. The loan will contribute towards building a green economy in Uzbekistan by facilitating the expansion of energy efficiency investments, in a gender responsive way, and providing positive demonstration effects of such projects, through on-lending to private sector sub-borrowers.
