Finance
Finance
Turkiston Bank increases authorized capital
Turkiston Bank private open-joint stock commercial investment bank placed the seventh issue of ordinary shares for 2 billion soums. The bank issued 2 million shares …
Uzbekistan to attract 17.3m euros from KfW to develop small business
In 2009 the Uzbek government is going to attract loans worth 17.3 million euros from the German bank KfW to …
ADB to facilitate forum on trade and development
The Asian Development Bank (ADB) will host a workshop on increase awareness of trade and development issues among policy makers, …
IFC investment to expand microcredit to 10,000 entrepreneurs in Kyrgyz Republic
IFC, a member of the World Bank Group, is investing US$4 million in Bai Tushum to help the microcredit company …
CBU refinancing rate remains at 14% APR
Central Bank of Uzbekistan did not change refinancing rate. The bank’s board adopted a resolution on 11 April 2009.
Concept on development of valuation activity presented
State Property Committee of Uzbekistan United Nations Development Programme (UNDP) organized on 13 April a presentation of the Concept on …
Uzbekistan CU Association becomes WOCCU member
The credit union association of Uzbekistan has joined World Council of Credit Unions (WOCCU). WOCCU’s board of directors approved application …
China provides IFC US$1.5 billion to support global effort to boost trade
The Chinese government has agreed to provide US$1.5 billion to IFC, a member of the World Bank Group, to support …
New trade finance programme to provide up to US$50 billion boost to trade in developing countries
The World Bank Group announced the launch of a coordinated global initiative that brings together governments, development finance institutions (DFIs), …
ADB expands trade finance programme to US$1 billion
The Asian Development Bank (ADB) has expanded its Trade Finance Facilitation Programme (TFFP) to US$1 billion, a move that could …