OREANDA-NEWS. On March 30, 2009 Microcreditbank decreased interest rates on credits issued to formation of starting capital from 5% to 3% in line with the presidential decree from 10 November 2008.

The bank issued soft credits to form starting capital at the size from 50 to 200 minimal size of salary in Uzbekistan. The credits issued to 18 months.

Interest rates on microcredits, issued for expansion of activity and increase turnover means, decreased from 100% size of refinancing rate of the Central Bank to 50% of the rate. The refinancing rate of the Central Bank is 14%.