Finance
Finance
Aggregate capital of Uzbek banks reaches 1.1trln soums
Aggregate capital of Uzbek commercial banks increased by 15.1% year-on-year to 1.1 trillion soums as of 1 April 2007.
Uzbekistan increases minimal authorized capital requirements for insurers
Uzbekistan has increased minimal requirements on authorized capitals of local insurance companies. The decree of Uzbekistan’s president Islam Karimov “On …
Navoi branch of Ipoteka Bank to double mortgage crediting
Navoi branch of Ipoteka Bank plans to double the volume of credits, issued to construction and purchase of habitations, in …
Samarkand Bank, IShONCh sign general agreement
Samarkand Bank and IShONCh Interbank Insurance Company signed a general agreement to develop partnership relations and mutual beneficial cooperation in …
Regulation on tax preferences to commercial banks’ shareholders adopted
Uzbek Justice Ministry registered a regulation “On order on use of tax preferences on purchase of shares of commercial banks …
World Bank grants US$35,000 to Uzbek projects within Small Grants Programme
On 23 April, the World Bank Uzbekistan Country Office hosted a ceremony for recipients of the 2007 Small Grants Award. …
Khamkor Bank holds talks with ADB, KfW on credit lines
Khamkor Bank, Uzbek commercial bank with headquarters in Andijan, is holding negotiations with the Asian Development Bank (ADB) and KfW …
NBU signs trade finance agreement with Egyptian banks
National Bank of Uzbekistan for Foreign Economic Activities (NBU) held negotiations and signed agreement on trade finance with largest banks …
Pakhta Bank to pay dividends for 2006
Pakhta Bank, the fourth largest Uzbek bank on volume of assets, will pay dividends on the result of 2006. The …
Uzbekistan to sell stakes in 3 insurance companies by 2010
Uzbekistan will sell its shares in three largest Uzbek insurance companies by 2010, a special programme on reforms and development …