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Finance 17/10/2014 NBU issues loans for 2.5 trln. soums in Jan-Sep
NBU issues loans for 2.5 trln. soums in Jan-Sep
Tashkent, Uzbekistan (UzDaily.com) -- National Bank of Uzbekistan for Foreign Economic Activity (NBU) provided loans for almost 2.5 trillion soums in January-September, the press service of the bank said.

The bank said that the bank focused on supporting small and private businesses via providing preferential loans in national and hard currency.

The loans are used to purchase new equipments and technologies, which help to produce high-quality and competitive products.

NBU also attracted loans of foreign financial institutions to finance projects of the small and private businesses. In particular, the bank attracted credit lines of the Asian Development Bank, International Finance Corporation, OPEC Fund, Islamic Development Bank, Eximbank of Korea and State Development Bank of China, etc.

At the same time, NBU finances the small businesses due to resources of off-budget and own resources, the bank underlined.

NBU finances projects in such spheres as food, chemical, production of construction materials, agriculture, services and others.

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