Finance
Finance
UZCARD switches to new principles of business introduction
After the change in the composition of the founders, the Single Republican Processing Center (SRPC) has radically changed the strategy for introducing business and outlined …
Uzbekistan is preparing to launch the first solution for accepting contactless payments based on Visa Tap to Phone technology
MayaSoft, a startup from Uzbekistan, one of the winners of the Visa Everywhere Initiative competition, has begun developing the first …
Rating of commercial banks of Uzbekistan by the quality of services provided and operating activities for the first half of 2020
During the pandemic, commercial banks of the Republic of Uzbekistan faced great risks associated with restricting clients’ access to bank …
Hamkorbank outlook revised to negative, ‘B+/B’ Ratings Affirmed
S&P Global Ratings today revised its outlook on Uzbekistan-based Hamkorbank JSCB to negative from stable. We affirmed our ‘B+/B’ long- …
Fitch rates National Bank of Uzbekistan ‘BB-’; outlook stable
Fitch Ratings has assigned National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU) ratings, including a Long-Term …
Registration of participants of the First Open Case Championship of Uzbekistan is ending
About 1,400 candidates for study at the Banking and Finance Academy have already registered to participate in the case championship. …
The volume of net gold and foreign exchange reserves of Uzbekistan makes up US$34.77 billion.
The volume of official reserve assets of Uzbekistan as of 1 August 2020 exceeded US$34.77 billion, according to data from …
IFC supports private sector development in Europe and Central Asia amid unprecedented global crisis by investing US$2.5 billion
IFC, a member of the World Bank Group, supported private sector growth in Europe and Central Asia throughout the past …
AIIB approves US$100-m loan to Uzbekistan for healthcare emergency response
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a loan of US$100 million to Uzbekistan to strengthen …
Humans launches a VISA card in Uzbekistan
Humans launched a VISA payment system card with an account in soums. This was announced today by the founder and …