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A significant part of Uzbekistan's population still has no or limited access to bank services. Ipak Yuli Bank currently services over 8,000 micro, small and medium-sized enterprises, that play an important role in the growth of the economy. Product innovation is high on Ypak Yuli Bank's agenda. To give an example: the bank will look into the possibilities to develop green financing; this could be loans to buy solar equipment.


Triodos Microfinance Fund and Triodos Fair Share Fund have provided a loan to Ipak Yuli Bank to further realise its growth ambitions. This loan fits the Triodos funds' strategy to stimulate the SME (small and medium-sized enterprises) sector in emerging and developing economies.


KEY INDICATORS as of 31 December 2016:


- number of loan clients: 8,526

- percentage of female clients: 41%

- percentage of rural clients: 16%

- average loan amount: EUR 40,194

- number of savings clients: -