Small business and private entrepreneurship occupy a leading place in ensuring consistent economic growth and social stability. Lending plays an important role in implementation of promising business projects, which is one of the main directions of activity of "Ipoteka Bank" Joint Stock Commercial Mortgage Bank. The conference held at the National Press Center was devoted to the progress in the work on further development and financial support of small business and private entrepreneurship in the republic.
Improvement of mechanisms and instruments for financial support of small business, expansion of the range of banking services, growth of lending volumes - all this is achieved through mutually beneficial cooperation between Ipoteka Bank and entrepreneurs. The bank's specialists noted at the conference that their clients receive detailed consultations on preparation of documents, they are also offered standard credit programs and necessary measures are taken to arrange loans in the shortest possible time. Loans given by the bank are directed to purchase necessary raw materials for production, strengthen the material and technical base of farm and dehkan farms, purchase modern equipment, produce products based on local raw materials, and develop various types of household services.
Currently, more than 78 thousand of our compatriots use universal services of "Ipoteka-bank" in various regions of Uzbekistan. The Bank constantly monitors the loans provided; the views and suggestions of entrepreneurs are thoroughly studied.
The journalists were provided with detailed information on the loan funds provided by the bank at the press conference.
- During complex events Ipoteka-Bank granted loans to small businesses and private entrepreneurs for 586.3 billion soums over the past period of 2017. Of these, microcredits for individual sectors of small business and private entrepreneurship amounted to more than 125.3 billion soums. In order to form and develop women's business, Ipoteka-Bank branches issued loans worth 70.6 billion soums, Deputy Head of Credit Department of "Ipoteka-Bank" JSCMB, Farhod Inoyatov said.
In addition, as of June 1, 2017, loan funds in the amount of 14.7 billion soums were allocated for implementation of business projects of graduates of professional colleges, and microcredits for young families worth more than 7.4 billion soums were used to maintain their own businesses. At the same time, more than 139.7 billion soums of loans were issued for development of industrial production, as well as production of non-food consumer goods, and 78.8 billion soums for production of food products. At the same time, the bank sent more than 130.7 billion soums to develop the sphere of services.
Thus, "Ipoteka-bank" Joint-Stock Commercial Mortgage Bank contributes to development of small business and private entrepreneurship and improves the welfare of the population.
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