TBC Bank announced that it has established a strategic partnership with the microfinance organization Oasis Credit. This was reported by Zamin.uz.
According to TBC Bank's head Spartak Tetrashvili, this partnership allows for faster provision of necessary financial resources for business and expansion of service coverage. Oasis Credit's CEO Mahmudali G'usaynov noted that this cooperation is the first domestic loan provided by TBC Bank in national currency.
Previously, Oasis Credit operated solely by attracting funds from abroad. With new financial resources, the company will continue to support small and micro business entities, which constitute the main part of its portfolio.
This is expected to positively impact entrepreneurship development and economic growth.
