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Finance 18/10/2011 Trustbank issues loans for 56.9bn soums to small businesses
Trustbank issues loans for 56.9bn soums to small businesses
Tashkent, Uzbekistan (UzDaily.com) -- Trustbank private open joint stock exchange bank issued loans for 56.9 billion soums to small businesses and private entrepreneurship in nine months of 2011.

The banks said that the volume of issued loans to small businesses and private entrepreneurship increased twice year-on-year. The bank also rendered leasing services for 6.9 billion soums.

In the result of nine months of 2011, allocated loans to small businesses and private entrepreneurship helped to create 170 new jobs, the bank said.

Trustbank also pays special attention to allocation of microloans to small businesses and private entrepreneurship. In nine months of 2011, the bank allotted 1.4 billion soums of microloans to small businesses, which grew 4.8 times year-on-year.

In the reporting period, the bank also issued 3.3 million soums to development of women entrepreneurship.

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