Balance of the population deposits at Turonbank made up 29 million soums as of 1 September 2009, of which 8 million soums are hard currency deposits and 21 million soums are national currency deposits.
As Asia begins to recover from the global economic crisis, governments in the region should look to expand social safety nets that can both protect the poor and help spur economic growth, Asian Development Bank (ADB) President Haruhiko Kuroda said today at the start of a three-day conference.
Standard Insurance LLC, insurance company in Uzbekistan, received license from the Ministry of Finance of Uzbekistan to work in mandatory insurance market of Uzbekistan.
Standard & Poor’s Ratings Services (S&P) said on 25 September that it had kept its ’BB+’ long-term issuer credit and ’kzAA-’ Kazakhstan national scale ratings on Kazakh Agrarian Credit Corp. (KACC), a state-owned provider of subsidized credit to agricultural and nonagricultural businesses in rural areas throughout the Republic of Kazakhstan (foreign currency BBB-/Stable/A-3; local currency BBB/Stable/A-3; Kazakhstan national scale ’kzAAA’) on CreditWatch with negative implications.
Open joint-stock commercial bank Qishloq Qurilish Bank announced competition of high-performance and profitable investment projects for further preferential financing.
Private open joint stock commercial bank InFinBank will increase its charter capital to 10 billion soums in line with the decision of the shareholders.
Joint-stock innovation commercial bank Ipak Yuli (Bank Ipak Yoli) will issue new shares for 7 billion soums to raise its charter capital.
The World Bank’s Board of Executive Directors on 24 September approved the "Ferghana Valley water resources management" Project. International Development Agency will allocate a US$65.54 million equivalent credit for the project implementation.