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Agat Credit Approves 50 Billion Soum Bank Development Loan

UzDaily Editorial Team · 07.08.2026 · 13:00 · 39 views
Agat Credit Approves 50 Billion Soum Bank Development Loan
Agat Credit Approves 50 Billion Soum Bank Development Loan / Photo: CBU..

Tashkent, Uzbekistan (UzDaily.uz) — Shareholders of microfinance organization Agat Credit approved securing a 50 billion soum loan from Business Development Bank. The decision was made at an extraordinary general meeting of shareholders on 5 August 2026, according to the Openinfo corporate information disclosure system.

Under the decision, the loan will be provided for up to 36 months at an annual interest rate of 23%. The agreement includes a six-month grace period. The company will pledge a standard loan portfolio as collateral.

Agat Credit currently has three bond issues in circulation with a total volume of 180 billion soums. The cumulative volume of all bonds issued by the company has reached 250 billion soums, with two issues already fully redeemed.

In addition, the company plans to place foreign currency corporate bonds worth US$10 million with a coupon rate of 11.5%.