Finance
Finance
Uzpromstroybank’s capital up 6.5% to 98.5bn sooums
Capital of Uzpromstroybank (Uzbek Industrial and Construction Bank), one of the five largest banks of Uzbekistan, increased by 6.5% year-on-year to 98.5 billion soums.
VTB suspends project on buying Kapitalbank
Russia’s VTB suspends its project on purchase of Uzbekistan-based Kapitalbank in line with the decision of the Supervisory Board of …
Asaka Bank’s assets reach 1.494 trln soums
Assets of Asaka Bank, one of the largest commercial banks of Uzbekistan, increased from 1.341 trillion soums in nine months …
URDF to finance seven projects of 2009 investment programme
In 2009, the government of Uzbekistan plans to direct US$215.1 million from the Uzbekistan Reconstruction and Development Fund to fulfillment …
ADB allocates US$3m grant to expand clean energy programme
The Asian Development Bank (ADB) is providing a US$3 million grant to expand its clean energy programme to involve more …
Microcredit Bank to cut interests on microcredits, microleasing
Microcredit Bank will cut maximum interest rates on microcredits and microleasing in line with the presidential decree “On measures for …
Microcredit Bank to increase authorized capital
Uzbek President Islam Karimov signed a decree on 10 November to increase charter capital of the Microcredit Bank to 150 …
Trust Bank to issues shares for 1.6bn soums
Trust Bank private open joint-stock exchange bank will issue additional emission of shares for 1.6 billion soums or about US$1.185 …
UzAIG paid out 435.5 million soums of insurance premiums
During the first nine months of 2008 UzAIG paid out 435.5 million soums of insurance premiums, total volume of insurance …
Inflow foreign investments grows by 31.2% in Jan-Sep
Uzbekistan attracted foreign investments for US$1.289 billion in January-September 2008. The growth rate made up 31.2% year-on-year, State Statistics Committee …