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Finance 25/11/2010 Microcreditbank to receive social rating
Microcreditbank to receive social rating
Tashkent, Uzbekistan (UzDaily.com) -- International rating agency MicroFinanza Rating (Italy) will assign social rating to Microcreditbank open joint stock commercial bank, the Uzbek bank’s press service said.

The press service said that recently representatives of MicroFinanza Rating paid a visit to Uzbekistan.

The Uzbek ban said that social figures of microcredit activity and demand for social rating are increasing. Experts of the Italian agency already assigned over 80 such ratings worldwide.

Currently the interest to this product is also increasing in Uzbekistan. Microcreditbank is becoming pioneer in this issue. Currently, MicroFinanza Rating specialists completed preliminary analysis of financial activity of Microcreditbank and are continuing work.

Social rating is external, trustful and responsible evaluation of institutional potential of microfinance organization on practical implementation of social mission and achievements of social goals.

MicroFinanza Rating was founded in 2000 and it is one of the active and experienced rating agency of microfinance industry in the world. The agency carried out 480 projects in 60 states. The headquarters of the agency locates in Milan, Italy.

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