Universalbank Extends Credits worth 12.8bln Soums to Small Business
OREANDA-NEWS. January 17, 2011. Universalbank private open joint-stock commercial bank has been rendering active financial support to small business and house construction crediting in rural area in 2010.
As a result total volume of microcredits extended in 2010 amounted to 375.7 million soums (adding 1,547.8%), while the volume of mortgage loans comprised 363.6 million soums (adding 13.4%). To be noted, Universalbank extended credits worth 12.8 billion soums to small business.
Universalbank private open joint-stock commercial bank was established on 25 May 2002 on the basis of Kokand private open joint-stock commercial bank with a charter fund of 0.05 billion soums. The bank's headquarters are located in
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