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Microcreditbank

Bank🇺🇿UzbekistanPublic profile

State bank for microfinance and small business

Founded
2006
Leadership
6 people

Profile in beta. Data from public sources, the App Store and official channels; the profile is maintained by the Finteqstan newsroom.

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About the bank

Microcreditbank is a state-owned commercial bank established in 2006 to develop microfinance and support entrepreneurship, farmers, and family businesses.

It operates an extensive network across regions and villages, providing microloans, deposits, cards, and payment services. The bank's retail mobile app is called Mavrid.

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History and milestones
  1. 2022MilestoneRebranding of JSCB Микрокредитбанк.
  2. 2021MilestoneReceived ISO 9001:2015 Quality Management System Certificate
  3. 2020MilestoneWon the Customer Satisfaction & Happiness Awards at the Global Banking & Finance Awards-2020
  4. October 21, 2017MilestoneObtained Central Bank of the Republic of Uzbekistan license No. 37 for the right to conduct banking operations
  5. 2017MilestoneRecognized Mikrokreditbank as a 5-diamond microfinance bank by MIX-MARKET (USA)
  6. 2014MilestoneSigned a credit agreement with the International Fund for Agricultural Development (IFAD) and the Spanish Trust Fund
  7. 2012MilestoneRecognized Mikrokreditbank as a leading bank in youth financial services at the first Child and Youth Finance International global summit in Amsterdam
  8. 2011MilestoneMICROFINANZA RATINGS assigned the bank an sBB rating, and Fitch Ratings upgraded the rating from B- to B.
  9. 2010MilestoneMikrokreditbank admitted as a member of the Asian Bankers Association
  10. 2010MilestoneRecognized by the Financial Times as the best bank in Uzbekistan in 2010 at the Bank of the Year Awards-2010 in London
  11. 2008MilestoneFitch Ratings assessed the bank's rating as 'B-' stable.
  12. 2007MilestoneMikrokreditbank admitted as a member of the Microfinance Centre in Poland
  13. May 13, 2006MilestoneObtained Central Bank of the Republic of Uzbekistan license No. 37
  14. May 5, 2006MilestoneCreation of Mikrokreditbank on the basis of Tadbirkorbank under Decree of the President of the Republic of Uzbekistan No. UP-3750.
  15. 2005MilestoneTadbirkorbank became a universal commercial bank providing financial support to small businesses and private entrepreneurship.
  16. 1993MilestoneCreation of the joint-stock commercial bank Tadbirkorbank on the basis of Uzdekhkanchiliksanoatbank.