Central Bank issues license to new credit union

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Finance 22/10/2007 Central Bank issues license to new credit union

Central Bank of Uzbekistan issues a licence to new credit union, located in Tashkent, a press release of the bank said.

Avtiv-Invest credit union will work in Tashkent and its charter capital is about 63.6 million soums.

The credit union will finance business projects and provide leasing services to its members – small businesses and individual entrepreneurs.

Number of credit unions in Uzbekistan reached 46.

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