Central Bank of Uzbekistan issued licenses to credit union in Ferghana and micro credit organization in Karshi, the bank said at its official website.

Central Bank issues to Ferghana-based Oydin credit union to carry out corresponding activity in Uzbekistan. The charter capital of Oydin credit union formed at 32 million soums.

The credit union will provide financial assistance and render leasing services to its members – small business and private entrepreneurs.

Currently, number of credit unions made up 45 in Uzbekistan, Central Bank said.

Imkon Express Invest, a micro credit organization, in Karshi received license in accordance with the decision of Central Bank’s Board.

The charter capital of Imkon Express Invest formed at the level of 50 million soums and new organization will render micro credit and micro leasing services, consumer credits and other services to its clients.