Aggregate capital of commercial banks in Uzbekistan grew by 46.4% year-on-year in the first quarter of 2010 and reached 3.3 trillion soums, the Central Bank of Uzbekistan said in its meeting dedicated to the results of banking system in January-March 2010.
Total deposit of Diydor credit union, working in Ferghana region’s Dangarin district, reached 825 million soums as of 1 April 2010.
President of Uzbekistan Islam Karimov signed a resolution “On additional measures on stimulating development of settlements with use of banking payment cards” on 19 April 2010.
Kazakhstan’s troubled banking industry faces continued weak asset quality, vulnerable funding, and low capitalization for at least two more years, according to a report published today by Standard & Poor’s Ratings Services.
The EBRD is providing a US$1.0 million loan to Biyat, the second largest privately-owned brewery operating in Turkmenistan, to support the company’s drive to expand production capacity. Established in 1996, Biyat produces five types of beer in returnable bottles and kegs, and is the only producer of beer in aluminium cans in Turkmenistan.
The Financial Action Task Force (FATF) held a plenary session in Abu Dhabi, the United Arab Emirates, Jahon news agency reported on 15 April.
Auction on placement of the state mid-term treasury obligations, issue No. 26055UMFS F from 7 April 2010 (repayment on 4 April 2012, maturity term - 728 days) was held at the Uzbek Currency Market on 7 April 2010.
Bank Ipak Yuli issued over 101,000 soums payment cards as of 1 April 2010, of which 90,400 cards were issued within the so-called salary project. At the moment, the bank installed over 1,400 POS-terminals at the trade and service points.
International money transfer system UNIStream started to realize programme on significant reduction of tariff rates to direct outbound remittances from majority of the CIS states. The programme is directed at improving affordability and attractiveness of services for clients.