Finance
Finance
Karakalpak businesses get loans for 158.7bn soums in 2011
Entrepreneurs from Karakalpakstan received loans for 158.7 billion soums in 2011, which is 30% more compared to forecast volume, the Central Bank of Uzbekistan said.
NBU invests 116.2 bn soums to bankrupt enterprises
National Bank of Uzbekistan for Foreign Economic Activity (NBU) is participating in process of rehabilitation of insolvent enterprises due to …
Universalbank receives new licenses
Universalbank private open joint stock commercial bank received new general license for conducting banking operations and general license for conduction …
Ahbor-Reyting updates credit rating of Turkiston Bank
Ahbor-Reyting, a rating agency of Uzbekistan, updated credit rating of Private open joint stock commercial investment bank “Turkiston” at the …
Orient Finans Bank to increase charter capital by 15%
Orient Finans private closed joint stock commercial bank increased its charter capital by 15% from 11.48 billion soums to 13.2 …
IFC trade finance program promotes growth of Uzbekistan’s small businesses
IFC, a member of the World Bank Group, extended its first trade credit line under the Global Trade Finance Program …
Microcreditbank to place shares for 156.75 billion soums
Open joint stock commercial bank “Microcreditbank” registered a prospectus of emission of shares for 156.75 billion soums.
People’s Bank issues loans for 614.6 bn soums
State commercial Khalq Bank (People’s Bank) issued loans for the sum of 614.6 billion soums as of 1 December 2011.
Aloqbank’s assets reach 488bn soums
Assets of open joint stock commercial “Aloqabank” grew by 42% year-on-year in January-December 2011, the press service of the bank …
President signs amendments to law on pension provision of citizens
President of Uzbekistan Islam Karimov signed a law “On introduction of changes to law “On state pension provision of citizens” …