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Foreign credit lines attracted under government guarantee

Terms of the Line of Credit of the International Bank for Reconstruction and Development for the project 'Modernization of Agriculture in Republic of Uzbekistan

Loan purpose

Creation of orchards and vineyards, processing of agricultural products, organization of a refrigerated warehouse, acquisition of an autorefrigerator, as well as financing of projects in the food and textile industries

Loan amount

  • For fixed assets: up to $2 million

  • To replenish working capital: up to 250 thousand dollars

Loan term

up to 7 years

Grace period

up to 24 months

Interest rate

  • in national currency: - Central Bank base rate + 5%

  • in foreign currency - (SOFR (5.92%) + variable spread (1.45%) + Ministry of Finance (1%) + bank margin (2.5%)

Loans to exporting enterprises to replenish working capital

Loan purpose

For loans for trade operations and pre-export financing related to the export of agricultural products

Loan term

up to 12 months

Grace period

up to 3 months

Loan rate

  • in USD: 6%

  • in UZS: 14%

Loan amount

  • in USD: 10 mln dollars

  • in UZS : 15 bln soums

Loans for processing agricultural products

Loan purpose

For the purchase of equipment for calibrating and packaging agricultural products in special containers

Loan term

up to 36 months

Grace period

up to 3 months

Loan rate

14%

Loan amount

10 bln soums

Loan products for the cultivation, processing, and export of melon and watermelon products

Replenishment of working capital for the purpose of financing the costs of growing din and watermelons

Loan term

12 months

Grace period

6 months

Loan rate

  • From the bank's own funds: 24%

  • From the State Support Fund for Agriculture: 14%

Loan amount

  • From the bank's own funds: based on the project cost

  • From the State Support Fund for Agriculture: up to 50% of the value of the harvest

Financing of pre-export expenses for the purpose of exports of dinara and watermelon

Loan term

12 months

Grace period

6 months

Loan rate

  • In UZS: 14%

  • in USD: 6%

Loan amount

up to 1 mln USD

Financing of pre-export costs for the purpose of exporting melon and watermelon products

Loan term

84 months

Grace period

24 months

Loan rate

  • From JICA funds: Central Bank's base rate (14%)

  • From the funds of the International Bank for Reconstruction and Development: in foreign currency - SOFR + spread + IMV margin (1%) + bank margin (2.5%)

  • From the funds of the International Bank for Reconstruction and Development: in national currency: 5% + the Central Bank's base rate (14%)

  • From the bank's own funds: 24%

Loan amount

  • From JICA funds: up to 3 million dollars

  • From the funds of the International Bank for Reconstruction and Development: up to 2 million dollars

  • From the bank's own funds: based on the project cost


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