Finance

Credit Unions Association holds meeting to discuss affiliation of new members

Credit Unions Association has held talks with the management of Umid, Inom, Mador, Invest Credit, Shark Yulduzi, Hazina, Finance Plus, Imkon, Oltin Vodiy, and Capital Union credit unions.

Russia’s VTB to invest US$1.5 bln in CIS banks by mid-2008

Russia’s VTB Bank (Foreign Trade Bank) intends to invest up to US$1.5 billion by mid-2008 in acquiring banks in the Commonwealth of Independent States (CIS) and increasing the capital of its subsidiary banks in the CIS, VTB Bank President Andrei Kostin said attending an international banking conference on Friday.

Latest News

Agency for Strategic Reforms, World Bank hold talks

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Akramjon Nematov: Formation of new mechanisms of Uzbek-Kyrgyz cooperation has become a key factor in strengthening trust between states

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Earthquakes in Turkey and Syria have killed at least 5,000 people

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ADB team visits Uzbekistan, positive about reforms

A wide range of economic reforms being carried out by the state in Uzbekistan continuously evoke the interest and cause hot debates among large business corporations and financial institutions all over the globe.

Kazakh, Uzbek insurance companies’ cooperation development discussed in Tashkent

Extraordinary and Plenipotentiary Ambassador of Kazakhstan to Uzbekistan Askar Myrzakhmetov held talks with leadership of Uzbekinvest national export-import insurance company.

IMF’s mission sees continued economic growth in Uzbekistan in 2007

International Monetary Fund (IMF), the Government and the Central Bank of the Republic of Uzbekistan issued the following statement (translated from the original statement in Russian) on 13 June 2007 based on the results of the IMF mission’s visit to Tashkent:

IMF mission visits Uzbekistan to evaluate situation in country

A mission of the International Monetary Fund (IMF) visited the Republic of Uzbekistan from 4 June through 13 June 2007. The mission was headed by Ms. Sena Eken, assistant director in the Middle East and Central Asia Department of the IMF.

ADB delegation arrives in Uzbekistan to review country’s development

A delegation of the Board of Directors of the Asian Development Bank (ADB) started five day visit to Uzbekistan on 15 June, the ADB Resident Mission in Uzbekistan said in its press release.

Ravnak Bank to perform foreign currency operations

Ravnak Bank, a private joint-stock commercial bank, received the General License of the Central bank of Uzbekistan No. 29 allowing it to perform operation in foreign currency on 4 June 2007.

Uzbek officials study risk analysis system development in Latvia

On 3 - 8 June 2007, a delegation of Uzbekistan participated in the study tour to learn the system of risk analysis in State Revenues Service of Latvia. The visit was organized by UNDP “Improving Tax Administration n Uzbekistan” Project jointly with International Financial Corporation (IFC).

Competition in money transfers market of Uzbekistan saved consumers US$50-60m

A seminar on "Supporting competition in economy-in-transition and developing countries" was held on 29 May in Moscow, State Committee of Uzbekistan for Demonopolisation, Support of Competition and Entrepreneurship said.

Currency rates from 06/02/2023

$ 1 11317.06 +0.193%
€ 1 12369.55 -0.435%
₽ 1 160.95 -0.236%
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