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Summary of Project Information (SPI)
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Project number
4760
Project name
ABN-AMRO Bank Uzbekistan
Country
Uzbekistan
Sector
Finance & Insurance
Department
Global Financial Markets Group
Company name
ABN AMRO Bank Uzbekistan
Environmental category
C
Date disclosed
August 28, 1995
Status
Active
Previous Events
Invested: December 13, 1996
Signed: June 12, 1996
Approved: April 9, 1996
Summary Of Project Information (SPI)
Project Name
Uzbekistan-ABN-Amro Bank Uzbekistan Limited
Region
Central Asia, Middle East and North Africa
Sector
Project No004760
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
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