Finance
Finance
ICD and Microkreditbank sign agreement for US$12m
The Islamic Corporation for the Development of the Private Sector (ICD) and joint stock commercial bank “Microkreditbank” signed a line of the financing facility agreement …
President of Uzbekistan appoints First Deputy Chairman of State Committee for Investments
President of Uzbekistan Shavkat Mirziyoyev signed a resolution on appointment of the first deputy chairman of the State Committee of …
Shavkat Mirziyoyev appoints First Deputy Minister of Finance
President of Uzbekistan Shavkat Mirziyoyev appointed the first deputy finance minister of Uzbekistan on 23 June 2017.
CBU increases refinancing rate to 14% APR
Central Bank of Uzbekistan will increase its refinancing rate by 5 percentage points – to 14% APR.
Ganisher Mamatkulov appointed as chairperson of Microcreditbank
On 20 June 2017, Government of Uzbekistan appointed the chairman of the board of the Joint-Stock Commercial Bank Microcreditbank.
President of Uzbekistan approves framework agreement with EBRD
On 21 June 2017, President of Uzbekistan Shavkat Mirziyoyev approved a framework agreement between the Republic of Uzbekistan and the …
Shukhrat Atabaev appointed as deputy chairman of Central Bank
President of Uzbekistan Shavkat Mirziyoyev appointed as new deputy of the Central Bank of Uzbekistan on 21 June 2017.
FRDU to acquire shares of Agrobank for US$30 million
Fund for Reconstruction and Development of Uzbekistan (FRDU) will acquire shares of the joint-stock commercial bank Agrobank for US$30 million …
Uzbek Govn’t directs US$500 million to recapitalize commercial banks
Government of Uzbekistan will direct US$500 million for recapitalization of commercial banks of the country.
Official exchange rate of US dollar reaches 3,900 soums
Central Bank of Uzbekistan set new exchange rates of hard currencies to the Uzbek soum from 13 June 2017.