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Immediately 4 banks were accepted as members of the UzRCE

Immediately 4 banks were accepted as members of the UzRCE
Immediately 4 banks were accepted as members of the UzRCE

Tashkent, Uzbekistan (UzDaily.uz) -- Membership on the UzRCE will allow HAYOT BANK, YANGI BANK, Smart Bank and APEX BANK to actively participate in exchange operations and expand their opportunities in the financial market of Uzbekistan.

It should be noted that "Smart Bank" was accepted as a member of UzRCE in category "C", while "APEX BANK", "HAYOT BANK" and "YANGI BANK" are accepted in all categories - "A", "B" and "C".

Category “A” gives members of the UzRCE the right to participate and carry out transactions in the UzRCE currency market, including trading in currency futures contracts.

Category "B" gives the right to participate and carry out operations in exchange trading on the government securities market.

Category "C" allows banks to carry out operations in the interbank money market, as well as to conclude transactions in credit and deposit auctions of the Central Bank with commercial banks.

In order to expand the composition of participants in exchange trading, as well as to stimulate financial market entities, fees and fees for membership in the UzRCE are not charged.

 

Askar Yakubov
Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.