Finance
Finance
STC publishes a project on taxation of non-residents and control in transfer pricing
The State Tax Committee of Uzbekistan has published a draft resolution of the Cabinet of Ministers of the Republic of Uzbekistan "On improving the administration …
Why do banks not indicate the full cost of the loan?
The total cost of a loan (CPM) is the interest rate in reliable, annual, and effective terms that calculates borrower …
US$165.5-M AIIB loan to enhance Uzbekistan transport connectivity
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a loan of US$165.5 million to Uzbekistan to improve …
A certain number of tax and customs privileges are canceled
The Presidential Decree “On the annulling of certain tax and customs privileges” was adopted.
HUMO and Visa expand partnerships in Uzbekistan
The National Interbank Processing Center (NMPC) and the global payment technology company Visa announced the cancellation of the fee for …
EBRD US$40 million loan to UzPromstroybank to support Uzbek SMEs
The European Bank for Reconstruction and Development (EBRD) is providing a US$40 million loan to UzPromstroybank (UzPSB) for on-lending to …
IFC US$35 million pre-privatization loan to Ipoteka-bank to expand lending to Uzbek SMEs
IFC, a member of the World Bank Group, is providing a pre-privatization loan of up to US$35 million equivalent in …
Uzcard explained the situation of widespread disconnection of POS-terminals
Recently, the media have been actively speaking out about the widespread disconnection of trading terminals. Many are interested in the …
TBC Bank Group PLC acquired shares of TBC Bank
A deal has been concluded on the OTC market to place TBC Bank’s shares in TBC Bank Group PLC (Great …
Uzbekistan’s total external debt reaches US$25.1 billion.
The volume of the total external debt of Uzbekistan as of 1 April 2020 made up US$25.1 billion. This was …