Private open joint stock exchange bank “Trustbank” opened a new mini bank “Beruniy Sohili” under its Namangan branch.

Central Bank of Uzbekistan revoked general license of Private closed joint stock commercial bank “Hi-Tech Bank” for conducting operations in hard currency.

Open joint stock innovative commercial bank “Ipak Yoli” issued over 11,000 international cards Visa Classic and China UnionPay as of 1 January 2012.

Ahbor-Reyting, an Uzbek rating agency, and specialized leasing company UzMED-Leasing signed an agreement “On rendering service on assigning credit rating to leasing company”.

Open joint stock commercial bank Uzbek Industrial-Construction Bank (Uzpromstroybank) received net income for 22.603 billion soums in 2011 in line with the national accounting standards in 2011.

Ahbor-Reyting, a rating agency of Uzbekistan, upgraded credit rating of Private open joint stock commercial investment bank “Turkiston” at the level of uzB+ in line with the national scale in the result of monitoring of the bank’s activities in the fourth quarter of 2011. The outlook is stable.

Central Bank of Uzbekistan registered a Mirabod branch of the open joint stock commercial “Aloqabank”.

Microcreditbank open joint stock commercial bank issued loans for 288.6 billion soums to small businesses in 2011, of which 159.7 billion soums were preferential loans.

Ahbor-Reyting, a rating agency of Uzbekistan and Private closed joint stock commercial bank Orient Finans signed an agreement on rendering services on assigning individual credit rating to the bank.

The Asian Development Bank (ADB) has approved a loan and political risk guarantee totaling up to $400 million to help build the largest-ever petrochemical plant in Uzbekistan.