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Finance 13/11/2013 Loan portfolio of NBU makes up 6.2 trillion soums
Loan portfolio of NBU makes up 6.2 trillion soums
Tashkent, Uzbekistan (UzDaily.com) -- As of 1 October 2013 the loan portfolio of National Bank of Uzbekistan for Foreign Economic Activity (NBU) made up 6.2 trillion soums.

NBU attracts loans of international financial institutions and foreign commercial banks to finance projects of small and private businesses.

Clientele base of the NBU can use loans from the resources of the EBRD, ADB, KfW, IFC, OPEC Fund, IDB, Eximbank of Korea and China Development Bank.

As of 1 October 2013, the loan portfolio of NBU reached 6.2 trillion soums, of which 4.9 trillion soums (79%) were issued in hard currency and 1.3 trillion soums (21%) – in national currency.

The bank said that the sum of the projects, directed to finance projects of small and private businesses, due to credit lines of the China Development Bank made up US$5.14 million in the result of nine months of 2013 and Eximbank of South Korea – US$12.21million.

Overall, in the past period of 2013 NBU issued 867.2 billion soums of credit resources to small businesses in national currency. The volume of microloans made up 122.3 billion soums.

NBU actively participates in rehabilitation of bankrupt enterprises. As of 1 January 2013, the NBU received 68 unsustainable enterprises and the bank directed over 195 billion soums to their rehabilitation, of which 38.3 billion soums were allocated in nine months of 2013.

Currently, 34 enterprises were realized to new investors for 517.7 billion soums, including foreign investors.

In nine months of 2013, the volume of produced ready goods at the enterprises, including those realized to foreign investors, made up over 133 billion soums and exported goods US$26.2million.

NBU leads on number of issued banking payment cards in Uzbekistan, the bank said. It added that the bank issued 253,400 in nine months of 2013 and their total number exceeded 3.15 million units.

The bank said that 14,390 POS-terminals were installed at the trade-service enterprises, turnover of which exceeded 1.489 trillion soums.

NBU underlined that the volume of remittance transactions in nine months of 2013 made up about US$47.6 million, of which US$31.3 million were paid to clients.

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