Turkiston Bank Issues Credits for 6,4bn Soums in 1Q 2009
OREANDA-NEWS. April 13, 2009. Credit portfolio of Turkiston Bank made up 5.3 billion soums in 2008, while it reached 6.3 billion soums in the first quarter of 2009.
The main part of credits was allocated to small businesses and entrepreneurs. About 39% of issued credits were directed to trade and catering, 28% to expansion and development of production.
The bank plans to increase credit portfolio to 15 billion soums in 2009 due to raising of the charter capital.
Turkiston Bank is private joint-stock commercial investment bank and it was founded in 1997. It was initially created to render banking services to transport organizations, but now renders universal banking services.
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