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Finance 13/12/2010 New partners join Uzbekistan Credit Unions Association
New partners join Uzbekistan Credit Unions Association
Tashkent, Uzbekistan (UzDaily.com) -- Council of Uzbekistan Credit Unions Association adopted decision on establishing partnership relations with credit unions Barhayot Kredit Invest and Uchar Oq Tulpor.

Barhayot Kredit Invest credit union operates in line with license of Central Bank of Uzbekistan No. 95 from 5 September 2009. The union is registered in Ferghana region.

As of 1 December 2010, assets of Barhayot Kredit Invest made up 518.6 million soums, capital – 124.7 million soums, while number of members reached 260 people.

Uchar Oq Tulpor credit union works in line with the license of Central Bank of Uzbekistan No. 66 from 19 July 2008. The credit union also registered in Ferghana region.

As of 1 December 2010, the assets of Uchar Oq Tulpor comprised 2.7 billion soums and capital – 793.7 million soums. Number of members made up 2,158 persons.

Uzbekistan Credit Unions Association was founded and registered by Justice Ministry of Uzbekistan on 6 June 2005.

Main direction of the Association’s activities are directed at uniting credit unions, representing and protecting their rights and interests, assisting to introduction of general parameters of operational activity, etc.

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