Finance

National Bank of Uzbekistan establishes subsidiary for microcredit services

National Bank of Uzbekistan establishes subsidiary for microcredit services
National Bank of Uzbekistan establishes subsidiary for microcredit services

Tashkent, Uzbekistan (UzDaily.uz) — The National Bank for Foreign Economic Activity of Uzbekistan has announced the creation of a new subsidiary, Milliy Mikromoliya Tashkiloti LLC.

This move marks the expansion of the bank’s structure by adding a dedicated microfinance organization.

The primary mission of Milliy Mikromoliya Tashkiloti is to offer microcredit services to clients, enhancing access to financial resources for small businesses and individuals.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.