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Balance of loans of non-banking credit organizations exceeds 109bn soums
Tashkent, Uzbekistan (UzDaily.com) --
Total assets of the non-banking credit organizations in Uzbekistan made up 123.7 billion soums as of 1 April 2016, which grow by 46% year-on-year, the Central Bank of Uzbekistan said in a statement.
Balance of loans of the non-banking credit organizations rose by 50% in a year and exceeded 109.2 billion soums. Their aggregate capital increased by 41% and reached 90.5 billion soums.
It is worth to mention that non-banking credit organizations have no right to accept deposits and render microfinancing services mainly due to owns resources.
As of 1 April 2016, there are 28 microcredit organizations and 45 pawnshops in all regions of Uzbekistan.
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