Finance
Finance
Saudi Arabia, Uzbekistan ink double-taxation avoidance agreement
Saudi Arabia and Uzbekistan signed in Riyadh on 18 November an agreement on avoidance of double taxation between the two countries, Saudi Press Agency (SPA) …
Uzbek Leasing gets US$2m credit of Malaysian bank
Uzbek Leasing International A.O. and Maybank of Malaysia signed a credit agreement for US$2 million on Monday, 17 November, the …
ABN AMRO’s Uzbek subsidiary to be renamed into Royal Bank of Scotland O’zbekiston MB
ABN AMRO Bank NB Uzbekistan A.O. will be renamed into Royal Bank of Scotland O’zbekiston MB in line with the …
Asaka Bank’s charter capital to reach 300bn soums
Asaka Bank, one of the largest commercial banks of Uzbekistan, will increase its charter capital from 147.1 billion soums to …
Central Bank to become shareholder of Microcredit Bank
Central Bank of Uzbekistan will buy shares of Microcredit Bank for 40 billion soums in 2008-2008, while Ministry of Finance …
Uzpromstroybank’s capital up 6.5% to 98.5bn sooums
Capital of Uzpromstroybank (Uzbek Industrial and Construction Bank), one of the five largest banks of Uzbekistan, increased by 6.5% year-on-year …
VTB suspends project on buying Kapitalbank
Russia’s VTB suspends its project on purchase of Uzbekistan-based Kapitalbank in line with the decision of the Supervisory Board of …
Asaka Bank’s assets reach 1.494 trln soums
Assets of Asaka Bank, one of the largest commercial banks of Uzbekistan, increased from 1.341 trillion soums in nine months …
URDF to finance seven projects of 2009 investment programme
In 2009, the government of Uzbekistan plans to direct US$215.1 million from the Uzbekistan Reconstruction and Development Fund to fulfillment …
ADB allocates US$3m grant to expand clean energy programme
The Asian Development Bank (ADB) is providing a US$3 million grant to expand its clean energy programme to involve more …