Uzbek-Korean Development Bank’s (UzKDB) net profits for the first half of 2007 comprised 2.29 billion soums. To compare, the bank’s profits for the first half-year in 2006 made up 1 billion soums, according to the bank’s press service.
The Islamic Development Bank (IDB) has extended a credit line to three commercial banks of Uzbekistan.
Uzbekistan plans to attract large volume of investments from Arab Financial Institutions, Foreign Economic Relations, Investments and Trade Minister of Uzbekistan Elyor Ganiyev told at the meeting of the Arab Coordination Group today.
Mr Liqun Jin, Vice-President of the Asian Development Bank (ADB) arrived in Uzbekistan on 30 June with four-day visit.
Islamic Development Bank (IDB) and three Uzbek commercial banks signed agreements on opening credit line of IDB on 3 July.
The Asian Development Bank (ADB) will support the Government of Uzbekistan to reform public finance management through its US$20.7 million loan.
Uzbekistan plans to reform motor third-party liability insurance (MTPL insurance) in 2007-2008, Interfax reported citing Uzbek official.
On 14 June, 2007 the European Trust Bank signed an agreement with the National Bank of Uzbekistan for Foreign Economic Activity on accession to Migom money transfer system, which heralds the start of cooperation in cash remittance and receipt, the press-centre of the European Trust Bank said.
The World Bank Board of Executive Directors today discussed the Joint Country Support Strategy for the Kyrgyz Republic. It presents a core strategy of five development partners to support the Kyrgyz development agenda for the period 2007-2010.