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Finance
02/10/2014
Small businesses receive loans for 6.3 trln. soums
Small businesses receive loans for 6.3 trln. soums
Tashkent, Uzbekistan (UzDaily.com) --
The volume of loans, issued by commercial banks to support small businesses, grew by 1.3 times year-on-year in past period of 2014 and reached 6.3 trillion soums, the press service of the Central Bank of Uzbekistan said.
Out of them about 1.3 trillion soums were microloans, which also rose by 1.3 times year-on-ear, the regulator said.
The bank allocated loans for 2.3 trillion soums to enterprises, which produce food and non-food consumer products in the past period of 2014, which rose 1.3 times year-on-year.
About 879 billion soums were issued to develop service sector, which increased by 1.6 times year-on-year.
The commercial banks allotted 660 billion soums to development of women entrepreneurship and to attract them to business activities. The growth rate made up 1.5 times.
The banks provided soft loans worth 124.2 billion soums to finance business projects of college graduates, which rose by 1.4 times year-on-year.
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