Tashkent, Feb. 9 -- Enterprises in Uzbekistan received $1.2bn worth loans in 2020. This was announced by the head of the press service of the National Bank of Uzbekistan (NBU) Zebo Tukhtayeva at a press briefing on February 9.

$504mn were allocated for the replenishment of working capital, $723mn for the implementation of new investment projects.

Large projects received the lion's share of loans worth $628mn.

The amount of foreign loans comprised, $706.7mn.

In order to diversify sources, in July last year the bank placed eurobonds worth $300mn on the London Stock Exchange (LSE).

By the end of this year, it plans to increase the level of assets to $8.7bn, up from $7.6bn in 2019, the loan portfolio is to reach $7.3bn.

In addition, the...