Among them are a 72-apartment house in Nukus, 64-apartment houses in Andijan, Bukhara and Urgench, as well as a 104-apartment house in Tashkent, UzA reported.

Ipoteka Bank provides services through its 130 mini banks, 474 savings branches, 145 currency exchange and 548 remittance offices across the country.

In accordance with the President’s decree on supporting young families, the bank is also assisting this category of the population in starting business and improving their living conditions.

In the first quarter of 2009, Ipoteka Bank issues mortgage credits to more than 300 families for the sum of 7.25 billion soums for construction and purchasing housing. Another 300 families received consumer credits worth 873 million soums, which is 51.8% more than in the same period of 2008.

The credits to small businesses since the beginning of the year comprised almost 35 billion soums and microcredits exceeded 6.3 billion soums. As a result, more than 2,000 new workplaces were created.

In the framework of the Year of rural development, Ipoteka Bank implements complex measures to improve the rural infrastructure and raise the people’s living levels.