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.
General shareholders meeting of Microcreditbank open joint stock commercial bank adopted decision to raise its charter capital of the bank.
Microcreditbank will hold a presentation for higher education establishments of Uzbekistan on 16 March 2010.
The European Bank for Reconstruction and Development (EBRD), World Bank Group member IFC, and The Netherlands Development Finance Company (FMO) have joined up with the Asia Debt Management Hong Kong (ADM Capital) to establish a regional fund to invest in midsize companies facing financing difficulties as a result of the financial crisis.
Credit Standard open joint-stock commercial bank started to introduce system on management with operational risks (SMOR) in line with the requirements of Basel Committee on Banking Supervision (Basel II), the press release of the bank.
Committee of Legislative Chamber of Oliy Majlis on information and communication technologies held a seminar “Improvement of legal mechanism in stimulation of processes on introduction of new banking services, based on use of modern information-communication technologies”.
Uzbekistan will soon start production of POS-terminals within the localization programme, the local mass media reported.
Uzbekistan is planning to attract foreign investments for over 3 billion soums in 2010. President of Uzbekistan Islam Karimov announced about this at his greeting message to the participants of the international scientific-practical conference “Effectiveness of anticrisis programmes and priorities of post-crisis development (in example of Uzbekistan)”.