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Finance 16/04/2012 Microcreditbank participates at ChildFinance summit
Microcreditbank participates at ChildFinance summit
Tashkent, Uzbekistan (UzDaily.com) -- Open joint stock commercial bank “Microcreditbank” was acknowledged as one of leading banks in providing financial services for youth and one of the first bank, which develops such direction as child and youth financing at the first global summit Child and Youth Finance International.

The summit, which was held in Amsterdam, the Netherlands, was attended by 340 financial institutes from 80 states and 70 representatives of young generation from 40 countries. The event was organized by the Child and Youth Finance International at the support of UNICEF, UNESCO, Deloitte, KPMG, Ernst&young and others, UzA reported.

During the summit, Microcreditbank presented its achievements in financial support of youth. In particular, the Uzbek bank presented its banking products and services such as youth deposit Gulguncha, Investments to future services, consumer and mortgage crediting for young familities, educational loans, competitions “Young businessperson – basis of the country” and “My business idea”.

Farhod Azizov, director of department on coordination of financial activity and foreign economic relations of the bank, said number of young clients of the bank is growing and this reflects in the volume of loans, issued to them. He said that the size of loans made up 27.5 billion soums.

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