OREANDA-NEWS. April 27, 2009. Uzbek government adopted decision to finance trade and catering enterprises with soft credits, the complex measures on stimulation of attraction of free funds of population and legal entities to deposits of commercial banks.

The banks will allocate soft credits to trade and catering enterprises at the rate, which does not exceed 80% of refinancing rate of the Central Bank of Uzbekistan. At the same time, the enterprises will repay credit in cash.

Refinancing rate of the Central Bank of Uzbekistan is set at 14% APR now.