European Bank for Reconstruction and Development

European Bank for Reconstruction and Development finances projects and provides advisory services to the public and private sectors. It supports new ventures and expansion in existing companies through project financing, loans, and equity or quasi-equity investments, including equity funds and guarantees, and it partners with private entities to invest across sectors such as banking, energy, manufacturing, infrastructure, information technology, and services. The bank also helps publicly owned entities privatize and restructure municipal services and engages in policy reform dialogue and advisory services, along with trade finance and loan syndication. Founded in 1990 and headquartered in London, it operates across regions including Southeastern and Central Europe, the Baltic States, Eastern Europe and the Caucasus, Central Asia, and parts of the Middle East and Africa, aiming to foster market-oriented change and private sector development by mobilizing capital for sustainable investments. It has invested more than €130 billion in over 5,200 projects.

Sue Barrett

Director and Head of Infrastructure, Turkey, Middle East and Africa

Alistair Clark Ph.D

Managing Director, Environment and Sustainability Department

Matteo Colangeli

Regional Director, Western Balkans

Mark Davis

Managing Director, Southern and Eastern Mediterranean

Susan Goeransson

Director of Infrastructure Europe and Sustainable Infrastructure Group

Zsuzsanna Hargitai

Managing Director, Small and Medium Enterprises Finance and Development

Heike Harmgart

Managing Director for Sub-Saharan Africa

Zoltan Hopka

Investor

Francis Malige

Managing Director, Financial Institutions

Andreea Moraru

Director and Regional Head of Greece and Cyprus

Tamás Nagy

Director, Equity Partner and Co-Head of Private Equity

Nandita Parshad

Managing Director, Sustainable Infrastructure Group

Ray Portelli

Managing Director and Chief Internal Auditor

Odile Renaud-Basso

President and Member of the Executive Committee

Odile Renaud Basso

President

Jürgen Rigterink

First Vice President, Chairman and Head of Client Services Group

Kanako Sekine

Managing Director, Portfolio

Melis Ekmen Tabojer

Director and Head of European Union Banks and Structured Finance

Paul Vlaanderen

Board Director, Netherlands, Mongolia, FYR Macedonia and Armenia

Aleksandra Vukosavljevic

Director, Financial Institutions, Western Balkans and Eastern Europe

Dirk Werner

Managing Director, Equity

Natalia Zhukova

Director and Head, Agribusiness

Grzegorz Zielinski

Director and Head of Energy Europe

Past deals in Uzbekistan

Kazakhstan Electricity Grid Operating Company

Post in 2024
Founded in 1996, this company provides electricity transmission services across Kazakhstan's unified power system. It offers centralized dispatching control, maintains energy balance, acquires auxiliary services from wholesale entities, and delivers technical support services.

TBC Bank Uzbekistan

Debt Financing in 2024
TBC Bank Uzbekistan is a subsidiary focused on delivering innovative digital banking solutions in Uzbekistan. It aims to offer a wide range of financial products and services, easily accessible through digital channels.

TBC Bank Uzbekistan

Funding Round in 2024
TBC Bank Uzbekistan is a subsidiary focused on delivering innovative digital banking solutions in Uzbekistan. It aims to offer a wide range of financial products and services, easily accessible through digital channels.

Ipak Yuli Bank

Debt Financing in 2024
Ipak Yuli Bank is a private commercial bank located in Uzbekistan, offering a comprehensive range of financial services to individuals, small and medium-sized businesses, and large corporations. Its operations include retail, commercial, and corporate banking activities, as well as securities and foreign exchange operations. The bank facilitates money transfers, provides loans, issues guarantees, and accepts deposits. With a robust presence in the country, Ipak Yuli Bank operates a network of 16 branches and 36 express centers across eight regions, enabling it to serve a diverse clientele effectively.

TBC Bank Group

Post in 2023
TBC Bank Group offers a comprehensive range of financial services, including banking, insurance, leasing, brokerage, and corporate advisory services. It caters to corporate clients, micro, small, and medium enterprises, and individual customers across Georgia, Azerbaijan, and Uzbekistan.

TBC Bank Uzbekistan

Venture Round in 2023
TBC Bank Uzbekistan is a subsidiary focused on delivering innovative digital banking solutions in Uzbekistan. It aims to offer a wide range of financial products and services, easily accessible through digital channels.

National Electric Grid of Uzbekistan

Debt Financing in 2022
National Power Electric Grid of Uzbekistan operation and development of the main electric networks of the Republic of Uzbekistan, the supply of electricity through the main electric networks and the implementation of interstate transit, cooperation with electric power systems of neighboring states.

TBC Bank Uzbekistan

Venture Round in 2022
TBC Bank Uzbekistan is a subsidiary focused on delivering innovative digital banking solutions in Uzbekistan. It aims to offer a wide range of financial products and services, easily accessible through digital channels.

TBC Bank Uzbekistan

Venture Round in 2021
TBC Bank Uzbekistan is a subsidiary focused on delivering innovative digital banking solutions in Uzbekistan. It aims to offer a wide range of financial products and services, easily accessible through digital channels.

Korzinka

Private Equity Round in 2020
Korzinka is a leading supermarket chain operating in the Republic of Uzbekistan. Established as an early entrant into the large-format retail market, Korzinka offers a wide range of groceries, beverages, vegetables, and household products under one roof, providing consumers with access to quality branded items at competitive prices.
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