Finance
Finance
The average monthly nominal wages in Uzbekistan makes up 2.09 million soums
In January-June 2019, the average monthly nominal accrued wages in the Republic of Uzbekistan made up 2.09 million soums (including wage supplements, remunerations, incentive payments, …
Fitch rates Ipoteka-Bank ‘BB-’
Fitch Ratings has assigned Uzbekistan-based Ipoteka-Bank (Ipoteka) Foreign and Local Currency Long-Term Issuer Default Ratings (IDRs) of ‘BB-’. The Outlook …
The Central Bank keeps the refinancing rate at 16% per annum
By decision from 20 July 2019, the Board of the Central Bank kept the refinancing rate unchanged at 16% per …
Uzbek delegation holds talks with WB and IFC officials
First Deputy Chairman of the Senate of the Oliy Majlis Sodik Safoyev held talks with the Vice President of the …
Deputy Prime Minister holds meeting with World Bank officials
Deputy Prime Minister of the Republic of Uzbekistan - Minister of Finance Jamshid Kuchkarov held a meeting with the World …
Uzbekistan, US financial bodies ink memorandum of understanding
On 17 July 2019, a delegation of Uzbekistan met with representatives of the U.S. Department of the Treasury led by …
WB imposes sanctions against Uzbek company, citizen
On 17 July 2019, the World Bank’s Chief Suspension and Debarment Officer (the “SDO”) imposed a three-year debarment with conditional …
Russia to send funds to improve the tax system of Uzbekistan
Russia will send 515.13 million rubles (more than US$8.1 million) in the form of free technical assistance for the development …
Gapzrombank is ready to finance energy projects in Uzbekistan
Ambassador of Uzbekistan Dilyor Khakimov met with the General Director at Gazprombank Luxembourg Dmitry Derkatch and his first deputy Sergey …
Uzcard and Uzcard – UnionPay cards start to accept money transfers via UNISTREAM
Recently, an agreement was reached on the implementation of the UNISTREAM international money transfer system in the Republic of Uzbekistan.