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Second Party Opinion: Business Development Bank's Sustainable Finance Framework

S&P Global Ratings assesses Business Development Bank's Sustainable Finance Framework as aligned with Social Bond Principles, ICMA, 2023; Social Loan Principles, LMA/LSTA/APLMA, 2023; Green Bond Principles, ICMA, 2021 (with June 2022 Appendix 1); Green Loan Principles, LMA/LSTA/APLMA, 2023; and Sustainability Bond Guidelines ICMA, 2021. Joint-Stock Commercial Bank “Business Development Bank” (BDB) is a state-owned bank in the Republic of Uzbekistan. The bank’s primary aim is to offer financial services to micro and small and mid-size enterprises through various financing options and non-financial support.

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