Finance
Finance
CBU clarifies new regulation on sales of hard currency
Central Bank of Uzbekistan published a statement, which clarifies scope of new procedures for the sale of cash hard currency to individuals, which entered into …
GEF allocates grant for US$12.7m to Uzbekistan
Global Environment Facility (GEF) issued grant for US$12.699 million to Uzbekistan to implement a the Sustainable Agriculture and Climate Change …
Moody's Investors Service affirms ratings of Hamkorbank
Moody's Investors Service has affirmed international ratings of Open joint stock commercial bank Hamkorbank on 30 January 2013, the Uzbek …
Uzbekistan sets order of exchange office activities
President of Uzbekistan Islam Karimov approved an order of activities of currency exchange points in the country with his resolution …
CBU keeps refinancing rate at 12% APR
The Board of the Central Bank of Uzbekistan adopted decision to keep refinancing rate at the level of 12% APR, …
Ravnaq-Bank to issue shares for 2bn soums
Private open joint stock commercial bank “Ravnaq-Bank” will increase its charter capital by 2 billion soums.
Uzagrosugurta collects premiums for 46.2bn soums
State joint stock insurance company Uzagrosugurta signed about 4.25 million insurance agreement in 2012, the press service of the company …
Kafolat collects insurance premiums for 20.8 billion soums in 2012
State joint stock insurance company Kafolat signed 635,000 insurance agreements in 2012 and received insurance premiums for 20.8 billion soums, …
Aggregate assets of Asaka Bank grow by 20.8% in 2012
Aggregate assets of State joint stock commercial bank “Asaka” made up 4.3 trillion soums as f 1 January 2013, which …
Uzbek residents cannot exchange soums to cash hard currency
Individuals in Uzbekistan now can exchange national currency to hard currency only in cashless form from 1 February 2013, the …