Finance
Finance
Ratings On Two Uzbekistan-Based Banks Raised To ‘BB-/B’
S&P Global Ratings today raised its long-term ratings on National Bank For Foreign Economic Activity of the Republic of Uzbekistan (NBU) and KDB Bank Uzbekistan …
FRDU to send US$927.9 million to finance projects in 2019
The Fund for Reconstruction and Development of Uzbekistan (FRDU) will allocate US$927.9 million for implementation of projects included in the …
Alfa Life receives license for compulsory insurance
The Ministry of Finance of the Republic of Uzbekistan issued a license to carry out compulsory insurance to insurance company …
Assets of commercial banks of Uzbekistan exceed 207.62 trillion soums
As of 1 December 2018, the assets of Uzbekistan’s commercial banks made up 207.62 trillion soums, which is 25.3% higher …
ADB appoints new Country Director for Uzbekistan
The Asian Development Bank (ADB) has appointed Ms. Cindy Malvicini as its new Country Director for Uzbekistan.
Central Bank: departmental interests should not adversely affect development of other industries
The Central Bank of Uzbekistan has indicated to the State Tax Committee that there are some disputable issues in the …
President holds meeting to discuss tax policy of Uzbekistan
On December 20, a meeting on the issues of full implementation of the new concept of tax policy was held …
Net foreign exchange reserves reaches US$25.29 billion.
The net foreign exchange reserves of Uzbekistan as of 1 December 2018 totaled US$25.29 billion, the Central Bank of Uzbekistan …
The Ministry of Finance and the Central Bank to place government securities
The Ministry of Finance and the Central Bank will place state securities from 26 to 28 December 2018.
Off-budgetary Pension Fund, Asseco International hold talks
On 19 December, the Executive Office of the Off-budgetary Pension Fund under the Ministry of Finance of the Republic of …