Through conduct of the course, IFC helps to promote and improve knowledge of teachers of banking disciplines in Uzbekistan in serving mortgage credits, as well as assists to create a regular education system for banking teachers. Teachers, who successfully complete the courses, will use their knowledge, methodology and educational materials to teach banking specialists in Uzbekistan.

It is worth to mention that similar courses are becoming important worldwide in context of global financial crisis. International practice shows that one of the main reasons of mortgage crisis was a low level of mortgage credits’ service.

Victor Mints, Manager of IFC’s Azerbaijan, Central Asia Primary Mortgage Market Development Project said: "Training of banking specialists is a foundation for creation of well functioning banking system in the country. Mortgage training is important. As ongoing global financial crisis in foreign countries showed that inadequate understanding of mortgage by banking specialists and inability of an appropriate servicing, such as reacting to payment delays and non-payment of debtors can lead to serious consequences."

Specialists of the Institute of economy of the city (Russia) prepared lectures of the course. The institute has successful experience in organization of similar courses in Russia, Moldavia and Kazakhstan.