Finance
Finance
Univelsalbank to place shares for 2.064 billion soums
Private joint stock commercial bank Universalbank will place shares for over 2.064 billion soums.
Uzbek Govn’t to carry out wide-scale currency reforms
The Government of Uzbekistan is planning to carry our wide-scale currency reforms to develop internal currency market and improve its …
Fitch: State-owned Uzbek banks stable
Fitch Ratings says in a new report that state-owned Uzbek banks remain stable, while their Long-Term Issuer Default Ratings (IDRs) …
ADB provides US$154m loan to boost horticulture sector in Uzbekistan
The Asian Development Bank (ADB) today approved a US$154 million loan to enhance horticulture value chain development in all 12 …
MPs consider execution of state budget
On 24 November 2016, MPs of the Legislative Chamber of Oliy Majlis of Uzbekistan considered a report on execution of …
WB provides US$150m to modernization of transmission substations in Uzbekistan
The World Bank’s Board of Executive Directors approved US$150 million in financing for the Modernization and Upgrade of Transmission Substations …
Volume of financial services rose by 19.4% in Jan-Sep
The volume of financial services, rendered by financial and insurance enterprises, made up 7.031 trillion soums in January-September 2016. The …
Uzpromstroybank issues 1.054m banking cards
As of 1 October 2016, Uzpromstroybank issued 1.054 million banking cards into circulations.
Moody’s affirms ratings of Uzbekinvest
In November 2016, Moody’s Investors Service Ltd. affirmed its global scale insurer financial strength rating on Uzbekinvest a.s. at Ba3. …
Fitch upgrades 4 Uzbek state-owned banks to ‘B+’
Fitch Ratings has upgraded the Long-Term Issuer Default Ratings (IDRs) of Uzbek Industrial and Construction Bank Joint-Stock Commercial Bank (Uzpromstroybank; …