Finance
Finance
Sanoat Qurilish Bank privately placed 3-year local currency unsecured Loan Participation Notes for US$50 million with international investors
Despite turbulent financial markets and the unprecedented spread of COVID-19, “Sanoat Qurilish Bank” (Joint-Stock Commercial Bank “Uzbek Industrial and Construction Bank”) closed a landmark transaction …
Executive Director of the Pension Fund of Uzbekistan appointed
By a resolution of the Cabinet of Ministers, Abdulaziz Abdulakhadovich Khaydarov was appointed Executive Director of the Extrabudgetary Pension Fund …
From 1 July, banknotes of 200 and 500 soums are withdrawn from circulation
According to the Regulation on the procedure for exchanging and withdrawing from circulation coins of denomination of 50, 100 soums, …
OSON electronic money system is included in the Register
In accordance with the requirements of the "Rules for the Issue and Circulation of Electronic Money in the Republic of …
Central Bank launches a mobile application for Android users
The mobile application is an addition to the official site and displays all the information and interactive services of the …
Uzbekistan introduces a new procedure for submitting collection orders
According to the Strategy of Action in five priority areas for the development of the Republic of Uzbekistan in 2017–2021, …
A draft Law on Auditing is being improved
A modern audit is a special type of entrepreneurial activity aimed at satisfying public interests by providing investors and other …
HUMO and Mastercard to issue HUMO-Mastercard-International cards
The National Interbank Processing Center and Mastercard signed an agreement to launch the HUMO International project. The document implies the …
The Central Bank to take measures to maintain a reasonable interest rate policy in banks
A macroeconomic analysis shows that, amid expectations that inflation will decline to 11-12.5 percent by the end of this year, …
IMF to conduct Public Investment Management Assessment (PIMA) in Uzbekistan
On 10 June, a video teleconference was held between representatives of the Ministry of Finance of the Republic of Uzbekistan …