Ipak Yuli secures $80 million in a funding round led by EMGA, with participation from OeEB, CDP, and Allianz Global Investors to expand its lending portfolios.
Amount Raised
$80 Million
Round Type
Venture - Series Unknown
Investors
Description
Emerging Markets Global Advisory LLP (EMGA) has successfully completed another funding round for Ipak Yuli in Uzbekistan, amounting to $80 million. This financing aims to diversify the bank's funding base and enhance support for customers and businesses in Uzbekistan. Ipak Yuli's CEO emphasized the importance of this partnership with international financial institutions to broaden their financial resources. The financing will particularly focus on SMEs, gender equality, and green financing.
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