ADB Allocates $30 Mln to Uzbekistan for Mortgage Support
Published
The Asian Development Bank (ADB) has approved a $30 mln loan to Uzbekistan’s Mortgage Refinancing Company (MRC), according to a statement from the financial institution’s press service.
The loan aims to support inclusive and green mortgages in Uzbekistan, with a particular focus on supporting women.
«The project will increase the accessibility of mortgage loans, concentrating on the needs of women and green renovation mortgages in Uzbekistan,» the loan description states.
It is worth noting that since the beginning of March this year, Uzbekistan has resumed accepting applications for mortgage subsidies. Residents of the capital, regional areas, and the Republic of Karakalpakstan can submit their documents.
