Microfinance Development in Uzbekistan : Technical Note

The Government of Uzbekistan has requested the World Bank to provide observations and recommendations for development of the microfinance market in Uzbekistan. This includes credit unions and microfinance organizations (MFOs), and touches on ‘consu...

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Main Author: World Bank
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/964701485149743125/Microfinance-development-in-Uzbekistan-technical-note
http://hdl.handle.net/10986/25989
id okr-10986-25989
recordtype oai_dc
spelling okr-10986-259892021-04-23T14:04:33Z Microfinance Development in Uzbekistan : Technical Note World Bank microfinance credit market banking profitability insurance credit unions The Government of Uzbekistan has requested the World Bank to provide observations and recommendations for development of the microfinance market in Uzbekistan. This includes credit unions and microfinance organizations (MFOs), and touches on ‘consumer lending’ or small loans originated by commercial banks. For purposes of this Policy Note, the discussion focuses on issues pertaining to the non-bank institutions active in microfinance, as well as those that relate to the banks’ existing efforts in this segment of the market. There is no particular focus on other groups, such as micro-leasing, micro-savings, micro-insurance, or agricultural credit cooperatives that are often included in separate categories, because they either are not active in Uzbekistan or data are not available for them. Current legislation envisions some of these activities unfolding, namely micro-leasing and micro-insurance. However, as of late 2006, early 2007, these were not included as part of the assessment. This policy note on microfinance does not address larger issues regarding the macro-economy or banking sector, as this discussion falls outside the scope of understanding between the Government of Uzbekistan (henceforth GoU) and the Bank. At the same time, there are references to some of the key macro and structural issues that impact developments in microfinance, namely inflation and interest rates at the macro level, and the incentive framework for banks and non-banks specific to microfinance. 2017-02-01T22:19:59Z 2017-02-01T22:19:59Z 2007-03 Report http://documents.worldbank.org/curated/en/964701485149743125/Microfinance-development-in-Uzbekistan-technical-note http://hdl.handle.net/10986/25989 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Other Financial Sector Study Economic & Sector Work Europe and Central Asia Uzbekistan
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic microfinance
credit market
banking
profitability
insurance
credit unions
spellingShingle microfinance
credit market
banking
profitability
insurance
credit unions
World Bank
Microfinance Development in Uzbekistan : Technical Note
geographic_facet Europe and Central Asia
Uzbekistan
description The Government of Uzbekistan has requested the World Bank to provide observations and recommendations for development of the microfinance market in Uzbekistan. This includes credit unions and microfinance organizations (MFOs), and touches on ‘consumer lending’ or small loans originated by commercial banks. For purposes of this Policy Note, the discussion focuses on issues pertaining to the non-bank institutions active in microfinance, as well as those that relate to the banks’ existing efforts in this segment of the market. There is no particular focus on other groups, such as micro-leasing, micro-savings, micro-insurance, or agricultural credit cooperatives that are often included in separate categories, because they either are not active in Uzbekistan or data are not available for them. Current legislation envisions some of these activities unfolding, namely micro-leasing and micro-insurance. However, as of late 2006, early 2007, these were not included as part of the assessment. This policy note on microfinance does not address larger issues regarding the macro-economy or banking sector, as this discussion falls outside the scope of understanding between the Government of Uzbekistan (henceforth GoU) and the Bank. At the same time, there are references to some of the key macro and structural issues that impact developments in microfinance, namely inflation and interest rates at the macro level, and the incentive framework for banks and non-banks specific to microfinance.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Microfinance Development in Uzbekistan : Technical Note
title_short Microfinance Development in Uzbekistan : Technical Note
title_full Microfinance Development in Uzbekistan : Technical Note
title_fullStr Microfinance Development in Uzbekistan : Technical Note
title_full_unstemmed Microfinance Development in Uzbekistan : Technical Note
title_sort microfinance development in uzbekistan : technical note
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/964701485149743125/Microfinance-development-in-Uzbekistan-technical-note
http://hdl.handle.net/10986/25989
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