Finance

From 1 June, banks should launch a biometric identification system for customers receiving loans

From 1 June, banks should launch a biometric identification system for customers receiving loans. This is envisaged by the presidential resolution "On additional measures to raise support for business initiatives of the population to a new stage in the framework of family business development programs", which was signed in January this year.

CBU hosts a meeting with the management of Kuwait Investment Co.

A meeting was held at the Central Bank with a delegation from Kuwait Investment Co. led by Chairman Mr. Muhammad Abdullah Al-Ali.

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SQB Business recognized as the best Internet banking service for business

Uzpromstroybank has taken its place among the financial institutions that have introduced the best online banking services for businesses in Eastern Europe, the Caucasus and Central Asia.

Central Bank of Uzbekistan revokes licenses from 3 payment organizations

In accordance with Article 25 of the Law of the Republic of Uzbekistan "On payments and payment systems", based on the decision of the Board of the Central Bank of the Republic of Uzbekistan dated 20 May 2023, the licenses of 3 payment organizations to carry out payment organizations were recalled and excluded from the register of payment organizations:

TBC Bank Group acquires 49% of Paymen

TBC Bank Group PLC has signed a Sales and Purchase Agreement (SPA) to acquire the remaining minority share of 49% from the founding shareholders in LLC Inspired, subsidiary operating under the Payme brand in Uzbekistan. Following the acquisition of the minority share of Payme, TBC PLC has become the 100% shareholder of Payme.

A delegation of Uzbekistan takes part in the international conference in Kyrgyzstan

A delegation of the Central Bank of the Republic of Uzbekistan took part in an international conference dedicated to the 30th anniversary of the Kyrgyz som in Bishkek.

NBU signs an agreement with the Eximbank of China in the amount of 2 billion yuan

The National Bank for Foreign Economic Affairs of the Republic of Uzbekistan (NBU) and the Export-Import Bank of China (Eximbank of China) signed an agreement to raise a new credit line in the amount of 2 billion yuan.

Uzpromstroybank joins the UN Global Compact initiative

Uzpromstroybank has joined the initiative of the United Nations Global Compact. The page of Uzpromstroybank on the official website of the organization details its efforts as a participant in this initiative in ensuring sustainability.

NBU signs a loan agreement with the State Development Bank of China in the amount of 1.18 billion yuan

The National Bank for Foreign Economic Affairs of the Republic of Uzbekistan (NBU) and the State Development Bank of China signed an agreement to raise a credit line in the amount of 1.18 billion yuan.

EBRD to help Uzbekistan Airports upgrade its fleet of special equipment

The European Bank for Reconstruction and Development (EBRD) will provide long-term financing in the amount of up to 28 million euros to Uzbekistan Airports JSC for the modernization of airport equipment at Uzbekistan’s international airports.

Currency rates from 23/05/2023

$ 1 11450.03 -0.245%
€ 1 12387.79 -0.088%
₽ 1 143.41 -0.306%
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