In line with article 17 of the law “On Central Bank of Uzbekistan” and article 4 of the Law “On Credit Unions”, the Central Bank issued licenses to Namangan Asri credit union (Namangan city) with charter capital of 111 million soums and Chasma credit union (Jizzakh city) with authorized capital of 110 million soums.

The founders of both credit unions are individuals. The unions will finance business projects of their member states and render them leasing services.