Finance
Finance
Fitch: Devaluation likely to hurt Kazakh banks’ asset quality
The sharp devaluation of the tenge, which follows the scrapping of managed exchange rates on Thursday, is likely to affect both the asset quality and …
Universalbank offers new deposits
Private joint stock commercial bank “Universalbank” launched new two deposits for individuals – Diyorim in national currency and Exlcusive in …
RAEX affirms solvency rating of Iran’s Saderat Bank in Tashkent
Rating agency RAEX (Expert RA) affirmed solvency rating of subsidiary of Saderat Bank of Iran in Tashkent at the level …
Uzbekistan is less exposed to money laundering risks
Uzbekistan took the 107th place in Basel Anti-Money Laundering Index, which was published by Switzerland-based International Center for assets recovery.
World Bank to issue US$400,000 grant to Uzbekistan
The World Bank will issue Uzbekistan a grant for US$400,000 for creation of the single base of real estate objects, …
Aggregate portfolio of leasing operations grows by 18.8%
Aggregate portfolio of leasing operations of Uzbekistan made up 2.35 trillion soums in the first half of 2015.
Uzbek insurance companies collect 22.16bn soums of premiums on MICLE in 1H
Insurance companies of Uzbekistan collected insurance premiums for 22.161 billion soums on mandatory insurance of civil liability of employers (MICLE) …
Uzbekistan ratifies protocol to agreement with Germany
President of Uzbekistan Islam Karimov ratified a protocol on introduction of changes and amendments to the agreement between Uzbekistan and …
Hi-Tech Bank to increase charter capital up to 18.78bn soums
Private joint stock commercial bank Hi-Tech Bank will increase its charter capital from 17.256 billion soums to 18.78 billion soums.
Moody’s affirms rating of Ipoteka Bank
International rating agency Moody’s affirmed ratings of Joint stock commercial mortgage bank “Ipoteka Bank” on 7 August 2015 on national …