Finance
Finance
CBU keeps refinancing rate at 14% APR
The Central Bank of Uzbekistan kept the refinancing rate at 14% per annum on 28 July 2018. The bank’s board made the appropriate decision.
Assets of Uzbek banks exceed 185 trillion soums
The assets of commercial banks of Uzbekistan as of 1 July 2018 made up 185.09 trillion soums, which is 79.1% …
Uzbekistan-Based Halk Bank upgraded To ‘B+’ on substantial capital support
S&P Global Ratings raised its long-term issuer credit rating on Uzbekistan-based Halk Bank (People’s Bank) to ‘B+’ from ‘B’. At …
Uzbekistan plans to establish Eximbank
Uzbekistan plans to establish Eximbank, the National Export Promotion Agency and the Export Credit Insurance Agency.
Uzbek Govn’t to submit three-year parameters of budget for 2019-2021 to parliament
Deputy Prime Minister of Uzbekistan, Finance Minister Jamshid Kuchkarov held talks with the Mission of the International Monetary Fund, headed …
ADB and Uzbekistan sign loan agreement for US$300 million
The Asian Development Bank (ADB) and the Government of the Republic of Uzbekistan today signed a loan agreement worth US$300 …
National Bank for Foreign Economic Activity of Uzbekistan ‘B+/B’ ratings affirmed
S&P Global Ratings today affirmed its ‘B+/B’ long- and short-term issuer credit ratings on National Bank for Foreign Economic Activity …
Investment projects will be implemented under the new system
President of Uzbekistan Shavkat Mirziyoyev held a meeting on 26 July on implementation of projects involving foreign investments, eliminating shortcomings …
The People’s Bank of Uzbekistan and Sberbank sign memorandum of understanding
The People’s Bank of Uzbekistan and Sberbank (Russia) signed a memorandum of understanding. This was reported by the press service …
The People’s Bank and Berliner Sparkasse signed an agreement for 30 million euros
The People’s Bank of Uzbekistan and the Berliner Sparkasse - Branch of Landesbank Berlin AG (Germany) signed an agreement worth …