Uzmrc Mortgage Loan Tender

Project ID: 55671
Status: Concept Reviewed
Location: Uzbekistan
Business Sector: Financial Institutions
Notice Type; Private
Environmental Category: FI
Approval Date; 05 Nov 2025
Disclosure d
Project Description
The provision of a senior loan, equivalent to US$ 40 million, to the Uzbekistan Mortgage Refinancing Company (UzMRC) will be used to refinance the retail mortgage portfolios of eligible private and state banks. A portion of the proceeds will also be allocated to support green renovation initiatives. The loan will be structured in a single tranche and disbursed in synthetic Uzbek som.

Project Objectives
The loan will support UzMRC's transition from reliance on government funding to more sustainable, market-based financing solutions, while also enhancing access to housing finance.

Transition Impact
ETI score: 67

The loan to UzMRC will support the Competitive and Green qualities. The facility is expected to increase access to retail mortgage financing.