Finance

Pakhta Bank to increase charter capital by 50bn soums

Pakhta Bank joint-stock commercial bank will double its charter capital through emission of additional shares. The shareholders of the bank adopted a corresponding decision.

Uzbekistan approves protocol on restructuring Kyrgyz debt

Uzbek President Islam Karimov signed a resolution to approve a protocol to agreement between the Government of Uzbekistan and the Government of the Kyrgyz Republic on restructuring public debt of Kyrgyz Republic before Uzbekistan from 2 July 2003.

Latest News

Tashkent mortgage center opened in Yashnabad district

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Prospects for the development of multifaceted cooperation between Uzbekistan and the United States were discussed

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What do we know about the risks and threats of climate change?

10/08/2022Read more

EBRD supports expansion of Uzbek PET producer

The EBRD is providing a US$4.6 million loan to support the expansion of the Uzbek PET producer Tarleplast. Because of increasing demand for its products the company is planning to install two additional production lines and to procure the raw material for its production directly from suppliers.

Eastern Europe, Central Asia countries not immune to financial crisis

Eastern Europe and Central Asia are not immune to the turbulence of the ongoing global financial crisis, with most countries in the Region likely to experience slower economic growth, World Bank officials warned on 10 October.

EADB becomes EurAsEC observer

The Eurasian Development Bank (EADB), created at the initiative of Russia and Kazakhstan, has received an observer status at the Eurasian Economic Community (EurAsEC), Tajikistani President Emomali Rakhmon said after the EurAsEC Interstate Council’s meeting on Friday.

WB, ADB review country project portfolio

On 7 October, 2008 the World Bank Uzbekistan Country Office had joint World Bank and Asian Development Bank country project portfolio review (CPPR).

World Bank supports sustainability of agriculture in Uzbekistan

On 8 October 200, the World Bank and the Government of Uzbekistan signed a US$67.96 million IDA credit for the second phase of Uzbekistan Rural Enterprise Support Project (RESP-II).

Central Bank registers new microfinance organizations

Central Bank of Uzbekistan issued licenses to carry out activities of microfinance organization and pawn-shop to two organizations in Tashkent.

Central Asian regional conference on microfinance took place in Astana

A two-day regional conference “Microfinance in Central Asia: Today and Tomorrow” was held on 17-18 Septembe in Astana, the capital of Kazakhstan. The conference was organized by the Business Development Foundation DAMU, Association of Kazakhstan Microfinance Association (AMFOK), and the US Agency for International Development project “Central Asian Microfinance Alliance” (CAMFA).

Central Bank registers new credit unions

Central Bank of Uzbekistan registered two new credit unions in line with the article 17 of the Law “On Central Bank” and article 4 of the Law “On credit unions”.

Currency rates from 10/08/2022

$ 1 10880.29 +0.045%
€ 1 11140.33 +0.546%
₽ 1 180.66 -0.452%
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