Finance
Finance
Fitch rates TBC Uzbekistan ‘BB-’; Outlook Stable
Fitch Ratings has assigned Uzbekistan-based Joint Stock Commercial Bank TBC BANK (TBCU) Long-Term Issuer Default Ratings (IDRs) of ‘BB-’ with Stable Outlooks and a Viability …
Tinkoff was renamed T-Bank
Tinkoff Bank is now called T-Bank. The financial organization underwent rebranding proccess.
The soum has fallen: the strong dollar and importer demand are to blame
By 6 June, the exchange rate of the American dollar paired with the Uzbek soum increased to 12,670 soums. Over …
Uzpromstroybank expands cooperation with the Turkish bank Aktif Yatirim Bankasi A.S.
On 6 June, the President of the Republic of Uzbekistan Shavkat Mirziyoyev, at the invitation of the President of the …
Within the World Bank Mission, the Central Bank of Uzbekistan invested in foreign government securities
From 27 to 31 May, a technical support mission from World Bank Treasury experts was in Uzbekistan, the Central Bank’s …
New KPMG Review: What you need to know about implementing ifrs standards s1 and s2
As the world becomes increasingly aware of the environmental, social, and governance implications of business activities, companies are increasingly expected …
How green finance is developing in Central Asia?
The rapid degradation of natural ecosystems is a problem that must be addressed through joint efforts. For Central Asian countries, …
Increasing MTPL rates in Uzbekistan will strengthen insurers’ financial position
An increase in tariffs for compulsory civil liability insurance of vehicle owners (MTPL) in Uzbekistan will improve the financial position …
Inflation in Uzbekistan makes 2.8% in May
In May 2024, the consolidated CPI for the month was 2.8%. The acceleration occurred against the backdrop of rising tariffs …
Over 4 months, taxpayers took advantage of tax benefits worth about 10 trillion soums
In January-April 2024, 122,107 organizations took advantage of tax benefits totaling 9.9 trillion soums.