Finance
Finance
Fitch Affirms Kafolat’s IFS at ‘BB-’
Fitch Ratings has affirmed Uzbekistan-based Kafolat Insurance Company JSC’s Insurer Financial Strength (IFS) Rating at ‘BB-’. The Outlook is Stable.
Symbiotics provides a loan for US$12m to Ipak Yuli Bank
The Swiss investment company Symbiotics signed a loan agreement with Ipak Yuli Bank on the allocation of a credit line …
Uzbekistan makes the first to translate the text of International Financial Reporting Standards
In accordance with the resolution of the President of the Republic of Uzbekistan from 24 February 2020 No. PP-4611, in …
Medical insurance fund is being created in Uzbekistan
From 1 December 2020, according to the resolution of the President of 12 November 2020, the State Health Insurance Fund …
Banks of Uzbekistan issues 24.48 million plastic cards
The number of bank plastic cards in circulation as of 1 November 2020 is more than 24.48 million units. This …
Over 9,000 entrepreneurs in Central Asia completes the EBRD development programs
The European Bank for Reconstruction and Development has begun to respond to the crisis associated with the COVID-19 pandemic since …
Banks allowed to identify customers by driver’s license
By the decision of the Central Bank of Uzbekistan, individuals are allowed to use a new driver’s license and passports …
ADB provides a loan for the implementation of the Sustainable Solid Waste Management project
The Government of Uzbekistan identified measures to implement the project "Sustainable Solid Waste Management". The Asian Development Bank (ADB) has …
Uzpromstroybank takes part in the international investment conference "Uzbekistan Investor Day"
On 24 November 2020, an international online investment conference “Uzbekistan Investor Day” was held, organized by the Capital Market Development …
Ministry of Finance of Uzbekistan prepares a draft on the main directions of tax policy for 2021
The Ministry of Finance of the Republic of Uzbekistan prepared a draft Law of the Republic of Uzbekistan “On amendments …