UzDaily

Finance

Gold and currency reserves of Uzbekistan exceeds US$26bn
15 November 2017 16:53
Gold and foreign exchange reserves of Uzbekistan as of 1 November 2017 reached US$26 billion, First Deputy Chairman of the Central Bank Timur Ishmetov said at a meeting of the International Press Club.
Fitch affirms Kafolat at ‘B+’; outlook stable
15 November 2017 05:18
Fitch Ratings has affirmed Uzbekistan-based JSC Insurance Company Kafolat’s (Kafolat) Insurer Financial Strength (IFS) Rating at ‘B+’. The Outlook is Stable.
Orient Finans Bank affirmed At ‘B-/B’ - S&P Global Ratings
15 November 2017 05:15
S&P Global Ratings said that it has affirmed its ‘B-’ long-term and ‘B’ short-term issuer credit ratings on Uzbekistan-based Orient Finans Bank (OFB). The outlook is stable.
Ravnaq-bank outlook revised to developing from positive
15 November 2017 05:06
S&P Global Ratings has revised its outlook on Uzbekistan-based Ravnaq-bank to developing from positive. The agency affirmed ‘CCC+/C’ long- and short-term issuer credit ratings on the bank.
ADB to provide loans for US$2.29 billion to Uzbekistan
14 November 2017 11:39
The Asian Development Bank (ADB) plans to allocate loans worth US$2.29 billion to Uzbekistan in 2018-2020.
Uzbekistan utilizes foreign investments and credits for 9.6 trln. soums
14 November 2017 01:15
Uzbekistan used foreign investments and credits in fixed capital for 9.6 trillion soums, which rose by 10.1% year-on-year.
Uzbekistan uses investments in fixed capital for US$9.6bn in Jan-Sep
14 November 2017 01:05
In January-September 2017, the total volume of utilized investments in fixed capital of Uzbekistan was 39.53 trillion soums (US$9.6 billion in dollar equivalent) or grew by 1 percent year-on-year.
Individual entrepreneurs receive right to purchase foreign currency
11 November 2017 09:44
The Central Bank of Uzbekistan approved a regulation on the procedure for commercial banks to perform currency exchange operations for individuals.
ADB Vice-President Visits Uzbekistan
10 November 2017 11:43
Asian Development Bank (ADB) Vice-President Wencai Zhang today met with the Prime Minister of the Republic of Uzbekistan Abdulla Aripov. Mr. Zhang reiterated ADB’s support for the government’s development agenda and expressed confidence in the country’s economic prospects.
The World Bank Group and Uzbek officials discuss reforms in the water supply and sanitation sector
10 November 2017 00:40
Uzbekistan has made substantial investments in upgrading its water supply and sanitation (WSS) services over the past decade, amassing the largest public borrowing portfolio for WSS projects of any country in Central Asia. Despite such progress, residents – particularly in rural areas - continue to face challenges in accessing clean and reliable water services.


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