OREANDA-NEWS. October 08, 2010. The branch of Ipoteka-bank joint-stock commercial mortgage bank in Karakalpakstan is actively rendering credit services to the population.

For eight months 2010 the branch office extended credits worth 3.9 billion soums including 2.4 billion soums for further development of entrepreneurship.

To be noted, the credits are extended in such spheres as industry, construction, trade, services, agricultural products servicing. As a result, 312 new workplaces were created.