On May 20th 2014, a National Bank of Tajikistan’s press service released the following information about the cancellation of the permit for the microcredit fund “Oxus” MLF:
This cancellation does not relate to the Micro Credit Organization (MCO) “OXUS” LLC and has no impact on the operations of MCO “OXUS” LLC.
“Oxus” Micro Lending Fund (MLF) was created by the same founding organization in 2005 but never developed any lending activities. The overall liquidation of this dormant company was recently finalized and made public last week.
Micro-lending Fund (MLF) “Oxus” did not have any activities related to the MCO “OXUS“ LLC.