Finance
Finance
IMF: Timely implementation of economic reform plans could create sustainable growth of Uzbekistan
A timely and effective implementation of plans of the Government of Uzbekistan to reform the economy could significantly strengthen the economy’s ability to create good …
Madad Invest Bank receives license to conduct foreign exchange operations
The Central Bank of Uzbekistan issued a license to private joint-stock commercial bank “Madad Invest Bank” to conduct operations in …
Uzbek insurance companies gradually to increase their charter capitals by 2020
Uzbekistan plans to increase requirements for minimum size of the authorized capital of insurance companies in 2018-2020.
Uzbekistan develops draft concept of financial market development
Uzbekistan developed a draft concept for development of the financial market for 2017-2021. The document was published on the portal …
Offshore companies to be banned to possess share in Uzbek insurance companies
Uzbekistan plans to ban legal entities and individuals from offshore zones from possessing stakes in the authorized capital of insurance …
Insurance Company KAFOLAT collects premiums of 40.9 billion soums in 1H
Insurance company KAFOLAT collected insurance premiums for 40.9 billion soums in January-June 2017, which is 8.4% higher compared to the …
Uzpromstroybank issues over 1.082 million plastic cards
Joint-stock commercial bank Uzpromstroybank as of 1 July 2017 issued more than 1.082 million plastic cards.
Balance of credits of NCOs exceeds 163 billion soums
As of 1 July 2017, the balance of credit investments of non-bank credit organizations (NCOs) in Uzbekistan totaled 163.2 billion …
Expert commission created in Uzbekistan to improve tax system
An expert commission on improving the tax system has been established in Uzbekistan.
Uzbekistan, EIB agree text of draft agreement of cooperation
A delegation of the Ministry of Foreign Affairs of Uzbekistan and the experts of the European Investment Bank (EIB) held …