Finance
Finance
Uzbek leader resolves to boost financial sector
President of Uzbekistan Islam Karimov signed a resolution on 7 November to raise minimal requirement of the charter capital of the banks from 2008.
Ipoteka Bank invests over US$40 mln in small business
As of October 1 2007, the Ipoteka Bank (Mortgage Bank) Joint-Stock Commercial Innovative Bank had some 50,000 small business entities …
UzKDB’s net income increases by 19%
Net income of UzKDB, Uzbek-Korean bank, increased by 19% year-on-year to 3.2 billion soums as of 1 October 2007.
Central Bank to issue three new micro credit organizations
Central Bank of Uzbekistan registered three new micro credit organizations in line with legislation of Uzbekistan.
New pawnshop registered in Tashkent city
Central Bank of Uzbekistan issued a licence to Kredit biznes plus, which allows it to carry out activity of pawnshop.
Uzpromstroybank issues 771,000 plastic cards
Uzpromstroybank (Uzbek Industrial and Construction Bank) issued over 771,000 plastic cards as of 1 October 2007.
Number of plastic cards in Uzbekistan increases by 491,000
Uzbek commercial bank issued over 491,000 plastic cards and the total number of emitted plastic cards reached 3.578 million as …
Central Bank Board discusses banking system’s development in 3Q 2007
The Board of the Central Bank of Uzbekistan met to discuss the results of the banking system’s development in the …
Cooperation of insurance inspectorates of EurAsEC countries develops
On 25-26 October a delegation from Uzbekistan participated in the eighth meeting of the Council of the Heads of Insurance …
ADB President visits Uzbekistan to strengthen cooperation
The President of the Asian Development Bank (ADB) Haruhiko Kuroda arrived on 31 October in Tashkent for a two-day official …