Banks issues 157bn soums to support family businesses
05/09/2013 10:01
Banks issues 157bn soums to support family businesses
05/09/2013 10:01
Tashkent, Uzbekistan (UzDaily.com) -- Commercial banks of Uzbekistan issued loans for 157 billion soums to support family entrepreneurship and craftsmanshipin eight months of 2013.
According to the Central Bank of Uzbekistan, the bank also issued about 46 billion soums to create intensive gardens and vineyards, as well as reconstruction existing plantations.
At the same time, the financial institutions allocated loans for 119 billion soums to finance high profitable industries such as poultry, fishing and beekeeping.
The Central Bank of Uzbekistan said that the volume of loans, issued to small businesses in past period of 2013, exceeded 4.3 trillion soums, which grew by 1.3 times year-on-year. One fourth of the volume fell to share of microloans.
The commercial banks issued 69 billion soums to finance businesses of graduates of educational establishments in past period of 2013. The growth rate made up 2.6 times year-on-year.
Within the state programme for further deepening processing of agriculture products and increasing production of food products through creation and reconstruction of existing capacities, the loans for 28.1 billion soums were issued.
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