Assets of non-banking microcredit organizations reach 160bn soums

Tashkent, Uzbekistan (UzDaily.uz) -- Total assets of non-banking microcredit organizations of Uzbekistan made up about 160 billion soums as of the beginning of 2017, which rose by 47% in 2016.

According to the Central Bank of Uzbekistan, the balance of loan portfolio of the -banking microcredit organizations as of 1 January 2017 or grew by 45%.

Total capital of the organization increased by 54% in 2016 and reached 125.5 billion soums.

Non-bank credit organizations consist of micro-credit organizations and pawn shops, which carry out their activities at their own expenses.