Finance

Agrobank and Rosselkhozbank sign a cooperation agreement

Rosselkhozbank (Russia) and Agrobank signed a cooperation agreement, which involves active interaction in the export of agricultural products between Russia and Uzbekistan, trade finance and interbank cooperation. This was reported by the press service of the Russian bank.

The most favorable conditions are created for citizens when assigning pensions and benefits

According to the Decree of the President of the Republic of Uzbekistan on the state program for the implementation of an action strategy in five priority areas of development of the Republic of Uzbekistan in 2017-2021, some changes are introduced to pension system of the country from 1 June 2021.

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The Regulation “On Requirements for Internal Audit of Commercial Banks” was developed

The Regulation “On requirements for internal audit of commercial banks”, developed by the Central Bank, has passed state registration.

A conference on international accounting and audit standards takes place

On 21 May, the Ministry of Finance of the Republic of Uzbekistan and the Tashkent Financial Institute organized a scientific and practical conference on topical issues of accounting and auditing based on international standards. The goal is to develop practical proposals and recommendations.

Money transfers Zolotaya Korona from Uzbekistan can now be sent online

Zolotaya Korona has launched an online transfer service from Uzbekistan. The users can send money on the koronapay.com website or using the KoronaPay Money Transfer mobile application.

World Bank Vice President Welcomes Uzbekistan’s Commitment to Continue Market Reforms Despite Challenges of COVID-19 Pandemic

Anna Bjerde, World Bank Vice President for Europe and Central Asia, paid her first official visit to Uzbekistan on 14-18 May. Ms. Bjerde met with the President of Uzbekistan, Shavkat Mirziyoyev, senior government and parliamentary officials, representatives of civil society and the private sector, and international development partners.

Finance Ministry, PricewaterhouseCoopers discus development strategy of Tashkent region

On 19-20 May, First Deputy Minister Ilkhom Norkulov and other employees met at the Ministry of Economic Development and Poverty Reduction with a delegation of PricewaterhouseCoopers (PwC) led by PwC partner Mikhail Magrilov.

The PLUS-Forum "BANKS and RETAIL: Digital transformation and interaction" to be held in Tashkent

On 1 June 2021, an international PLUS-Forum "BANKS and RETAIL: Digital transformation and interaction" will be held in Tashkent. The forum is organized by the PLAS Media Holding. The forum is held with the official support of the Central Bank of the Republic of Uzbekistan, the Embassy of the Russian Federation in the Republic of Uzbekistan.

Uzbekistan’s public debt reaches US$23.3 billion

On 20 May 2021, an expanded meeting of the Committee of the Legislative Chamber of the Oliy Majlis on budget and economic reforms was held. The deputies first discussed the state of projects financed by the state external debt.

Poytakht Bank and Uzagroexportbank to be privatized

The Government of Uzbekistan has put up for sale state shares in the authorized capital of Poytakht Bank and Uzagroexportbank.

Currency rates from 10/06/2021

$ 1 10571.40 +0.156%
€ 1 12887.59 +0.296%
₽ 1 146.43 +0.805%
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