Finance
Finance
ADB allocates US$1.36 million grant for Uzbekistan’s fight against COVID-19
The Asian Development Bank (ADB) has allocated a US$1.36 million grant for Uzbekistan to procure medical equipment and supplies to support the country’s efforts to …
State budget revenues for the I quarter of 2020 reaches 28.5 trillion soums
At the end of the first quarter of 2020, the state budget revenues made up 28.5 trillion. soums, expenses - …
Support will continue for the improvement of banking system oversight – WB official
Since 2017, the Government has been implementing bold reforms to build a sustainable market-based economy. In the banking system, the …
A draft "Regulation on corporate governance in commercial banks" published for discussion
In order to improve the corporate governance system in banks, the Central Bank developed a draft “Regulation on Corporate Governance …
Central Bank: the volume of cash turnover makes up 105.5 trillion soums in January-April 2020
Over the past period (January-April) 2020, the state of cash circulation in the banking system was formed under the influence …
IFC helps Ipak Yuli Bank manage risk, expand local-currency lending in Uzbekistan
IFC, a member of the World Bank Group, and Ipak Yuli Bank have signed an agreement that allows the bank …
World Bank provides over US$370 million to Central Asian countries to combat coronavirus
The World Bank has provided more than US$370 million to Central Asian countries to combat coronavirus (COVID-19). Funds were allocated …
Students can get educational loans for studies
Commercial banks may give educational loans for training students - citizens of the Republic of Uzbekistan, accepted for full-time departments …
Oybek Tursunov becomes the founder of Uzcard
Oybek Tursunov became one of the founders of the Unified All-Republican Processing Center LLC (EOPC - Uzcard brand).
OFID to provide US$20 million to support SMEs in Uzbekistan
On 6 May, in Vienna (Austria), the OPEC Fund for International Development (OFID) signed a loan agreement with Uzpromstroybank in …