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CENTRAL BANK: REAL SECTOR OF ECONOMY DRAWS 48 TRILLION SOUMS OF CREDITS

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CENTRAL BANK: REAL SECTOR OF ECONOMY DRAWS 48 TRILLION SOUMS OF CREDITS

In the first half of 2016 commercial banks of Uzbekistan on the basis of the priority economic tasks implemented extensive measures to commissioning of the major high-tech and modern facilities and capacities, modernization, technical and technological renewal of production in the industrial sector.

In particular, during the reporting period the total amount of credits channeled towards the real sector of the economy increased by 26.2% compared to the same period last year, and today, their volume exceeds more than 48 trillion soums.

The volume of investment credits, compared with the same period last year increased by more than 1.2 times and as of July 1, 2016 amounted to 5.8 trillion soums.

These figures were presented at the expanded meeting of the Board of the Central Bank of the Republic of Uzbekistan on the results of the banking system in the first half of 2016.

UZREPORT