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Finance 29/07/2015 Uzpromstroybank issues loans for 435bn soums to small businesses in 1H
Uzpromstroybank issues loans for 435bn soums to small businesses in 1H
Tashkent, Uzbekistan (UzDaily.com) -- Uzpromstroybank, one of largest commercial banks of Uzbekistan, issued loans for 435 billion soums to small businesses in the first half of 2015, which grew by 1.3 times year-on-year.

According to the press service of the bank, it allocated 44 billion soums of microloans to small businesses in the reporting period.

In January-June 2015, the businesswomen received 33 billion soums of loans to develop their businesses. Another 40 billion soums were directed to development of service sector and 8.5 billion soums to help college graduates to launch their businesses.

The loans for 75 billion soums were directed to development of production of food products in Uzbekistan and 104 billion soums – to expansion of production of non-food products.

As of 1 July 2015, the credit investments of the bank made up 6.517 trillion soums, which grew by 19% year-on-year. Almost all loans were directed to real sector of economy.

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