Trustbank Credits Promote Development of Surkhandarya Economy
OREANDA-NEWS. April 09, 2013. "Termez" branch of POJSEB "Trustbank" organized seminar "Importance of bank credits in the development of small business and private entrepreneurship".
Representative of business circles as well as college graduates participated in the event.
As it was noted at the seminar, in the context of financial support of manufacturing sector of economy "Trustbank" pays special attention to public and client orientated information and education activities.
Participants of the event pointed out that complete awareness of created favorable business environment assists strengthening close relations between the bank and entrepreneurs.
Head of "YANGIYER ULGURJI SAVDO" LLC Mrs. Bakhtigul Alimova told that bakery production on the basis of modern technologies was organized with the assistance of loan of "Termez" branch of POJSEB "Trustbank". And now population of this neighborhood can always have fresh bread. Also the bank’s credits were used for planting fruit trees in the distant village, and today there is blooming garden there. Thus, business-initiatives of farmers find the responses and bring expected results, also the employment rates are growing.
According to the results of 2012, "Termez" branch of POJSEB "Trustbank" provided loans to entrepreneurs for the total amount of six billion UZS. In 2013 this amount is planned to be almost doubled.
Participants of the seminar received information about how to start up and improve production capacities, and also found out about tax incentives and preferences, which can be applied in the field small business, craftsmanship and private entrepreneurship.
The most active participants – talented entrepreneurs – were awarded by souvenirs and presents.
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