Finance
Finance
Hamkor Bank to pay out 1.9bn soums in dividends
In late June, Hamkor Bank held a general shareholders meeting to consider results of the bank’s performance in 2006, and set the performance targets for …
Tax benefits for banks extended to 2012
Uzbek President Islam Karimov exempt commercial banks from tax on profit earned on long-term investment loans for the period until …
NBU and Vnesheconombank to cooperate
The Chairman of the Board of the National Bank of Uzbekistan for Foreign Economic Activity (NBU) Saidahmad Rahimov met with …
President resolves to further increase capitalization of commercial banks
On 12 July, the President of the Republic of Uzbekistan signed a resolution "On measures to further increase liberalization of …
Uzbekistan to increase number of micro finance organizations
Prime Minister of Uzbekistan Shavkat Mirziyayev resolved to adopt on a programme develop micro financing in Uzbekistan till 2010 in …
Uzbekistan to develop e-payment systems
Prime Minister of Uzbekistan Shavkat Mirziyayev signed a resolution on further improvement of transaction at e-commerce in June.
UzKDB sums up first half-year results
Uzbek-Korean Development Bank’s (UzKDB) net profits for the first half of 2007 comprised 2.29 billion soums. To compare, the bank’s …
Madad’s premium revenue up 60% in 1H 2007
The results of financial and business activity in the year 2006 and the areas for development in 2007 were discussed …
IDB extends US$15m loan to three Uzbek banks
The Islamic Development Bank (IDB) has extended a credit line to three commercial banks of Uzbekistan.
Uzbekistan plans to attract large investments from Arab world
Uzbekistan plans to attract large volume of investments from Arab Financial Institutions, Foreign Economic Relations, Investments and Trade Minister of …