Finance

Uzbekistan recives US$504m in remittances from Russia

Uzbekistan received US$504 million in remittances from Russian in the first half of 2007, UzReport.com reported.

Nominal money incomes of Uzbek population increase by 28% in Jan-Jun

In the first half of 2007 nominal money incomes of the Uzbek population increased by 28% as compared to the first half of 2006 and amounted to 7,321.3 billion soums, money expenditures and savings - by 30.7% and 7,328.5 billion soums respectively.

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"Uzbekistan International Poverty Reduction Forum" was held in Bukhara

27/05/2022Read more

A memorandum was signed between the Ministry of ICT and the Research Institute of Electronics and Telecommunications of Korea

27/05/2022Read more

President of Uzbekistan takes part in the online summit of the Eurasian Economic Union

27/05/2022Read more

Volume of paid services rendered to population grows 1.25 times in 1H 2007

The volume of paid services rendered to population in January-June 2007 amounted to 1,260.4 billion soums, the real increase was 25.1% as compared to the corresponding period of 2006, according to the Uzbek State Statistics Committee.

BNP Paribas awarded tender for valuation of Asaka Bank stock

BNP Paribas Investment Bank (France) has been awarded the tender announced by the State Property Committee’s Tender Commission for the valuation of 51% shareholding in Asaka State Joint-Stock Commercial Bank.

UNDP facilitates public discussion of draft Tax Code in new revision

A draft Tax Code of Uzbekistan in new revision is available online for public discussion. Finance Ministry of Uzbekistan developed new revision of Tax Code on behalf of the government of Uzbekistan and United Nations Development Programme (UNDP) rendered technical assistance to development of new Tax Code.

Khamkor Bank extends over 1.8bn soums in mortgage loans

Mortgage is becoming increasingly popular among the population of Uzbekistan. In accordance with the regulation "On the issuance of mortgage loans for the purchasing of housing to individuals", Khamkor Bank provides this service to citizens of Uzbekistan aged 20 to 50, UzReport.com reported.

IShONCh’s insurance operations up 1.5 times in 1H 2007

Among the companies assisting intensive development of the national insurance market is IShONCh Interbank Insurance Company. For eleven years now, IShoNCh has been offering reliable insurance protection to its clients.

UNDP donates books to Information Center of Tax Academy

On 23 August 2007, United Nations Development Programme’s project “Improving Tax Administration in Uzbekistan” donated text-books to the Information Center of the Tax Academy of Uzbekistan.

Uzbek remittance market review: inward remittance up 52% year on year

Remittances play an increasingly important role in the economies of many countries, particularly developing countries where they contribute largely to economic growth and to the livelihood of the low-income population.

Ipoteka Bank to rise charter capital to 67bn soums

Shareholders of Ipoteka Bank (Mortgage Bank) adopted decision to increase charter capital to 67 billion soums. The decision was adopted to implement resolution of the Uzbek President on increase capitalization of banks and stir up their participation in investment processes on modernization of economy.

Currency rates from 25/05/2022

$ 1 11074.93 -0.090%
€ 1 11863.47 +0.228%
₽ 1 194.90 +2.374%
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