Finance
Finance
Ipoteka Bank opens three mini-banks
Ipoteka Bank, one of the largest commercial banks of Uzbekistan, opens three mini-banks to create additional convenience to legal entities and individuals in the regions.
EXIAR insures supply of GAZ automobiles to Uzbekistan
The Russian Agency for Export Credit and Investment Insurance (EXIAR) and Novikombank signed two confirmed letter of credit insurance contracts …
Insurance sum on MICLT set at US$11,000 per passenger
The Government of Uzbekistan set the insurance sum on mandatory insurance of civil liabilities of transporters (MICLT) at the size …
Uzbek-Spanish convention on avoiding double taxation comes into force
A convention between Uzbekistan and Spain on avoiding double taxation and preventing tax evasion on income and capital came into …
Banks allocate loans for 225 billion soums to students in 4.5 years
Commercial banks of Uzbekistan issued educational loans to 72,000 students for over 225 billion soums in the 4.5 years, the …
ADB US$300 million loan to complete advanced electricity meters rollout
The Asian Development Bank (ADB) has approved a US$300 million loan for the final stage of an ongoing program to …
MPs discuss execution of state budget for 1H
On 15 September, a regular meeting of the Legislative Chamber of the Oliy Majlis of the Republic of Uzbekistan was …
Public debt of Uzbekistan to make up 11.6% from GDP – IMF
Public debt of Uzbekistan will make up 11.6% from the GDP in 2015 against 8.5% in 2014, the International Monetary …
IMF calls Uzbekistan to eliminate exchange restrictions
On 31 August 31 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with …
Asaka Bank issues depository certificate for legal entities, individuals
Joint stock commercial bank Asaka issued depository certificates for legal entities and individuals into circulation.