Finance
Finance
IDB approves US$504 million financial aid for member states
The Islamic Development Bank (IDB) has allocated financial aid worth US$504 million to finance projects in a number of member states.
World Bank supports improvement of wastewater operations in Uzbekistan
The World Bank and the Government of Uzbekistan signed a US$ 55 million IDA credit for Bukhara and Samarkand Sewerage …
Alokabank to pay dividends for 160m soums
Shareholders of Alokabank open joint-stock commercial bank adopted decision on payment of dividends on securities in the end of November.
Kapitalbank to direct 13bn soums to payment of dividends
Kapitalbank open joint-stock commercial bank will pay interim dividends on its securities. The shareholders of the bank adopted decision at …
Uzbekinvest attends intl insurance conference in Indonesia
Uzbekinvest national export-import company participated at the 16th international conference on insurance, which was organized in Indonesia by the General …
Kafolat becomes co-founder of O’zbekinvest Hayot
Kafolat state joint stock company, one of the largest insurance companies of Uzbekistan, became founder of O’zbekinvest Hayot, life insurance …
Financial Education Program (FEP) for low-income households in Uzbekistan
The Presentation of the new European Union funded project on Financial Education Program (FEP) was commenced in Tashkent.
Agrobank named the best bank of Uzbekistan in 2009
The Banker of Great Britain named Agrobank as the bank of the year of Uzbekistan in 2009, the Uzbek bank …
Russell Bedford enters into Central Asian market
London-based accounting group Russell Bedford International has taken further steps to expand into former Soviet Union countries by taking on …
Uzbekistan receives US$699m in money transfers from Russia in 3Q
Uzbekistan received remittances for US$699 million from Russia in the third quarter of 2009. Uzbekistan leads on the volume of …