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Uzbekistan: Financial Institution Building Project
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The following project was approved today by the World Bank's Board:
LOAN AMOUNT: IBRD-US$25 million
Terms: Maturity=20 years, Grace Period=5 years, Interest Rate-Bank's standard for LIBOR-based, single currency loans.
PROJECT DESCRIPTION: This project will help the country strengthen the corporate governance and management capacity of commercial banks; improve the legal and regulatory framework of the banking system; enhance the supervision capacity of the Central Bank of Uzbekistan; and increase the efficiency, innovation and competition of the financial sector. For more information, please call Gina Ciagne at (202) 458.4166, fax at 522.3362, or e-mail Gciagne@worldbank.org. |
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| For more information, please visit the Projects website. |
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