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Madad Invest Bank receives license to conduct foreign exchange operations
Madad Invest Bank receives license to conduct foreign exchange operations

Madad Invest Bank receives license to conduct foreign exchange operations

Tashkent, Uzbekistan (UzDaily.com) -- The Central Bank of Uzbekistan issued a license to private joint-stock commercial bank “Madad Invest Bank” to conduct operations in foreign currency.

The Board of the Central Bank of Uzbekistan adopted a resolution on issuance of a license to conduct operations in foreign currency to Madad Invest Bank.

Madad Invest Bank was registered in October 2016. The bank’s assets exceeded 42.7 billion soums at the end of the first half of 2017.

At the end of the first half of 2017, total liabilities of the bank reached 28.7 billion soums and credit investments - 34 billion soums.

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