Kapitalbank

Kapitalbank

Uzbekistan Uzbekistan

Status: Ongoing

Investment Size $ 20 million
Category Banking
SOURCE OF FINANCING: IFI

Project Scope:

  • Expansion of the asset base of the Bank by long-term foreign currency funding
  • Improvement of Kapitalbank’s on-lending capacity to MSMEs, Agriculture sector, and women-owned businesses.

Works undertaken by WFC

  • Preparing all application documentation as requested by IFI
  • Preparing financial projection models, business plans, and all other project related documentation
  • Consulting the Company on appropriate financial and legal structuring of the Project
  • Organizing and facilitating financial and legal due diligence processes 
  • Facilitating term-sheet and loan agreement negotiations
  • Coordinating all other issues related to project development and fund-raising

Financial Summary:

  • Project Size / Loan Sought – $ 20 million
  • DFC funds will be used to strengthen the Bank’s loan portfolio by long-term low-cost funds and to invest in further banking network development
  • Expected annual average Revenue – $ 90 million 
  • Expected annual average EBITDA – $ 28 million 

Development Impact

  • Increased lending volumes to SMEs and Micro businesses - Kapitalbank will allocate the most of IFI resources to the development of SME & Micro businesses and private entrepreneur loan portfolios;
  • Increase in exports indirectly achieved by financing the businesses that export commodities and agri-products;
  • Further digitalization of banking services and increased availability of banking services to rural population.