Finance
Finance
New trade finance programme to provide up to US$50 billion boost to trade in developing countries
The World Bank Group announced the launch of a coordinated global initiative that brings together governments, development finance institutions (DFIs), and private sector banks to …
ADB expands trade finance programme to US$1 billion
The Asian Development Bank (ADB) has expanded its Trade Finance Facilitation Programme (TFFP) to US$1 billion, a move that could …
Oman and Uzbekistan sign pacts on taxation
The Sultanate of Oman and the Republic of Uzbekistan’s governments signed at Tashkent yesterday, agreements on avoidance of double taxation …
Senate ratifies agreement on Uzbek-Japanese investments protection agreement
The Senate of the Oliy Majlis (upper house of parliament) of Uzbekistan approved the law “On ratification of the agreement …
Qishloq Qurilish Bank to support construction in rural areas
President of Uzbekistan Islam Karimov signed a resolution on 30 March 2009 on creation of the Qishloq Qurilish Bank (Rural …
Pakhta Bank to be reorganized into Agrobank
President of Uzbekistan Islam Karimov signed a resolution on 30 March 2009 on reorganization of Pakhta Bank into Agrobank.
Seminar on improving skills of employees of public finance institutions held
The United Nations Development Programme “Public Finance Reform in Uzbekistan” Project and Agency for Assistance to the Development and Exchange …
Fitch rates Uzbekistan’s Microcreditbank at ’B-’
Fitch Ratings has assigned on 18 March Uzbekistan-based Microcreditbank (MCB) a Long-term Issuer Default Rating (IDR) of ’B-’ (B minus) …
Russia’s ROSNO to open representative office in Uzbekistan
Major Russian insurance group ROSNO plans to open a representative office in Uzbekistan, Prime-Tass reported quoting the group’s CEO Hannes …
Republic of Korea boosts support for EBRD projects
The Republic of Korea has pledged a Korean Won 6.6 billion (US$4.5 million) increase in its technical cooperation funding to …