Finance
Finance
Uzbekistan-Based Turon Bank Ratings Affirmed At ‘B/B’; Outlook Stable
S&P Global Ratings has affirmed its ‘B/B’ long- and short-term issuer credit ratings on Uzbekistan-based Turon Bank. The outlook is stable.
Tashkent hosts annual meeting of Budget Community of PEMPAL International Program
An annual meeting of the Budget Community of the PEMPAL International Program (“Mutual Learning and Exchange of Experience in the …
Uzbekistan receives US$2.9 billion of remittances from Russia in 2018
In 2018, the volume of remittances of individuals transferred from Russia to Uzbekistan through payment systems made up US$2.9 billion, …
The World Bank to support rural enterprise development in Ferghana Valley
Micro, small and medium enterprises (MSMEs) across Uzbekistan’s Ferghana Valley will benefit from a new rural enterprise development project approved …
OPEC OFID provides a loan to Uzbekistan for US$54 million
The Board of Governors of the International Development Fund (OFID) of the Organization of Petroleum Exporting Countries (OPEC) provided Uzbekistan …
EBRD and Uzpromstroybank sign a number of agreements
During the visit of a delegation of the Republic of Uzbekistan to London (United Kingdom) on 21 March 2019, Uzpromstroybank …
New Chairman of the Board of Hi-Tech Bank elected
Barkhoyotjon Sattorov was appointed as Chairman of the Board of Hi-Tech Bank. Powers of the board member of Hi-Tech Bank …
State of development of foreign direct investment was critically analyzed
President of the Republic of Uzbekistan Shavkat Mirziyoyev held a meeting today on speeding up the implementation of investment projects …
Buyuk Kelajak and Uzagroleasing sign a memorandum of cooperation
On 20 March 2019, a memorandum of cooperation was signed between Buyuk Kelajak and Uzagrolizing JSC.
Nine banks are suspended from participation in the UzRVB auction
Due to systematic violations related to transactions on the currency exchange (UzRVB), a number of commercial banks temporarily, until clarification …