Finance
Finance
Uzbek president approves measures on development of settlements with use of banking payment cards
President of Uzbekistan Islam Karimov signed a resolution “On additional measures on stimulating development of settlements with use of banking payment cards” on 19 April …
Few signs of recovery for troubled Kazakh banks, says S&P report
Kazakhstan’s troubled banking industry faces continued weak asset quality, vulnerable funding, and low capitalization for at least two more years, …
EBRD issues US$1 million loan to Biyat to expand production
The EBRD is providing a US$1.0 million loan to Biyat, the second largest privately-owned brewery operating in Turkmenistan, to support …
FATF hails adopted measures in Uzbekistan on combating money laundering
The Financial Action Task Force (FATF) held a plenary session in Abu Dhabi, the United Arab Emirates, Jahon news agency …
Finance Ministry places treasury obligations for 219.4m soums
Auction on placement of the state mid-term treasury obligations, issue No. 26055UMFS F from 7 April 2010 (repayment on 4 …
Bank Ipak Yuli issues over 101,000 payment cards
Bank Ipak Yuli issued over 101,000 soums payment cards as of 1 April 2010, of which 90,400 cards were issued …
UNIStream significantly cut remittance tariff rates to CIS
International money transfer system UNIStream started to realize programme on significant reduction of tariff rates to direct outbound remittances from …
Microcreditbank to raise its charter capital by 3.594bn soums
General shareholders meeting of Microcreditbank open joint stock commercial bank adopted decision to raise its charter capital of the bank.
Microcreditbank to hold presentation for Uzbek universities
Microcreditbank will hold a presentation for higher education establishments of Uzbekistan on 16 March 2010.
EBRD, IFC, FMO, and ADM Capital Launch Fund to Help Companies in CEE, Central Asia, and Turkey Recover from Crisis
The European Bank for Reconstruction and Development (EBRD), World Bank Group member IFC, and The Netherlands Development Finance Company (FMO) …