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The American-Uzbekistan Chamber of Commerce (AUCC) seeks to promote trade and investment ties, cultural exchanges and bonds of friendship between the United States of America and the Republic of Uzbekistan. In performing these functions, the AUCC places primary emphasis on serving the needs and interests of its members.

Interview with AUCC Chairperson Carolyn Lamm Before 2012 Uzbekistan-US Annual Business Forum

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NEWS

UzPSB Debt

disclosures.ifc.org/#/projectDetail/SII/43561
4 January 2021

Project Description

The proposed project with Joint-stock Commercial Bank “Uzpromstroybank” (“UzPSB” or the “Bank”) comprises a senior loan of up to US$75 million with a conversion option into ordinary shares of the Bank, and a trade finance line of up to US$20 million. The Bank is the oldest and second largest in Uzbekistan with a market share of approximately 15% by assets. UzPSB provides banking services and financing to core industrial corporates and their large investment projects in the petrochemical, biochemical, oil and gas, mining, energy, light industry, construction, engineering and transport sectors. It also services SMEs and provides a broad range of retail banking services.

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