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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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 |
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microfinance credit market banking profitability insurance credit unions |
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microfinance credit market banking profitability insurance credit unions World Bank Microfinance Development in Uzbekistan : Technical Note |
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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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1764460664749817856 |