Finance
Finance
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 company.
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 …
Bank Samarkand places shares for 5.3bn soums
Open joint-stock commercial bank Samarkand fully placed emission of shares, registered under the No. PO302-5 from 12 December 2008.
Standard & Poor’s publishes its assumptions for credit stress testing Kazakh banks
On 10 December, Standard & Poor’s Rating Services published its assumptions for credit stress testing of Kazakh financial institutions in …
Structural imbalances impede the recovery of Kazakhstan’s banking sector, says report
Standard & Poor’s Ratings Services believes that the Kazakh banking market is poised for further asset-quality deterioration and refinancing risks …
Harnessing migrants’ savings for investment and development the focus of OSCE-supported regional conference
A conference organized by the Office of the Co-ordinator of OSCE Economic and Environmental Activities and the International Organization for …
Turon Bank proposes depository certificates
Turon Bank issued depository certificates with par value of 50 million soums and 100 million soums.