The Executive Vice President of the Multilateral Investment Guarantee Agency (MIGA), the political risk insurance arm of the World Bank Group, will travel to Uzbekistan, Kazakhstan and Georgia at the end of August.
Uzbekistan created an Interdepartmental Council on cooperation with international financial institutions, organizations (IFIs) and donor countries, realization of large and strategic investment projects under the Cabinet of Ministers of Uzbekistan.
Assets of Business Alyans credit union increased by 23% in January-June 2009 and made up 765 million soums as of 1 July 2009.
Hamkorbank started to emit VISA International plastic cards, the bank’s press service said.
Ipoteka Bank allocated micro loans for 19.697 billion soums and food credits for 17.1 billion soums in the first half of 2009.
INGO Uzbekistan, subsidiary of Russia’s Ingosstakh in Uzbekistan, increased its charter capital by 4.3 times to 5.089 billion soums. The company registered corresponding changes with the local authorities.
Central Bank of Uzbekistan revoked general license for carrying out foreign currency operations of two small commercial banks.
Open joint-stock commercial bank Credit Standard (Bank Credit Standard) launched four new banking deposits in national currency for individuals. These deposits are Nakopitelniy, Yubileyniy, Vigodniy and Detskiy Nakopitelniy.
Two seminars, “Tax legislation, tax administration and tax prosecution” and “Off-site control, conducting financial and tax reports analysis” were held in the conference halls of Republican “Culture and enlightenment” Center in Gulistan on 11-15 August 2009.