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Assets of non-bank credit organizations reach 123.7 billion soums
11:46 / 28.05.2016
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According to the Central Bank of Uzbekistan, as on April 1, 2016, there were 28 microcredit organizations and 45 pawnshops operating throughout the country.

Total assets of non-bank credit organizations (NCOs) amounted to over 123.7 billion soums, which is 46% more than in the same period last year.

The remainder of the loan portfolio non-bank credit institutions increased over the year by 50% and exceeded a total of 109.2 billion soums. Their aggregate capital grew by 41% and reached 90.5 billion soums.

Non-bank credit organization are not entitled to accept deposits and provide microfinance services advantageously at their own expense.

Source: Jahonnews.uz

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