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Finance 01/08/2011 Microcreditbank is among top microfinancing bank of Central Asia, Europe
Microcreditbank is among top microfinancing bank of Central Asia, Europe
Tashkent, Uzbekistan (UzDaily.com) -- Open joint stock commercial bank “Microcreditbank” entered to the top ten of the best microfinancing banks of Central Asia and Europe.

“Review of microcapital market” magazine, which published in Boston (the United States) and covers microfinancing market worldwide, in his July issue published ranking of microcredit banks of Central Asia and Europe.

According to published ranking, Microcreditbank claimed the fifth place among 151 microcredit banks of Central Asia and Europe.

Open joint stock commercial bank “Microcreditbank” was founded in line with the presidential decree from May 2006 on the base of Joint stock commercial bank Tadbirkor.

The bank specializes on rendering wide-scale banking and consulting services of small business, private entrepreneurship, farm and dehkan entities.

In 2011, the bank plans to render various microfinancing services for 156 billion soums. In the first half of 2011, the bank issued financial resources for 88.2 billion soums.

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