About company
In the republic, the growing demand among the population for housing, and consequently for mortgages, highlights the necessity of ensuring uninterrupted resources for banks.
To develop the housing sector, improve mechanisms for providing mortgage loans, and expand opportunities for all social strata to use mortgage loans based on market principles, the President of the Republic of Uzbekistan issued Decree No. PF-5715 on May 13, 2019, "On additional measures to develop and expand the mortgage lending market."
Based on this Decree, the Joint-Stock Company "Uzbekistan Mortgage Refinancing Company" (hereinafter referred to as the Company) was established.
Since its inception, the Company has allocated money for refinancing in the amount of more than 4.5 trillion sums and issued bonds worth more than 590 billion sums.
Our products
Refinancing
Refinancing is the registration of a new loan to pay off an existing one, taken from the current or new creditor on more favorable terms for the borrower. The new bank pays off the debt to the old one and becomes a new full-fledged creditor to whom the client must pay the debt.
Bonds
A bond is a debt security, much like an IOU stating that someone has borrowed money from you and will pay it back on a certain date. When companies or governments issue bonds, they also borrow money and then pay it back with interest — in the case of bonds, they are called coupons.
The main news
