Finance

IDB, Uzbek banks sign loan agreements

Islamic Development Bank (IDB) and three Uzbek commercial banks signed agreements on opening credit line of IDB on 3 July.

ADB issues US$20.7m loan to support public finance management reform

The Asian Development Bank (ADB) will support the Government of Uzbekistan to reform public finance management through its US$20.7 million loan.

Latest News

About 4.18 million cars registered in Uzbekistan

07/02/2023Read more

Results of measures to attract foreign investment to Uzbekistan in 2017-2022

06/02/2023Read more

Azimuth Airlines increases the frequency of flights from Moscow to Termez

06/02/2023Read more

Uzbekistan to reform MTPL insurance

Uzbekistan plans to reform motor third-party liability insurance (MTPL insurance) in 2007-2008, Interfax reported citing Uzbek official.

European Trust Bank Starts Cooperation with Uzbekistan National Bank

On 14 June, 2007 the European Trust Bank signed an agreement with the National Bank of Uzbekistan for Foreign Economic Activity on accession to Migom money transfer system, which heralds the start of cooperation in cash remittance and receipt, the press-centre of the European Trust Bank said.

Donors improve coordination to support Kyrgyz Republic’s development

The World Bank Board of Executive Directors today discussed the Joint Country Support Strategy for the Kyrgyz Republic. It presents a core strategy of five development partners to support the Kyrgyz development agenda for the period 2007-2010.

World Bank’s Executive Directors select Mr. Robert B. Zoellick as president

The Executive Directors of the International Bank for Reconstruction and Development (the “Bank”) met on Monday, 25 June, to select a new President of the Bank. In doing so, the Executive Directors expressed appreciation to Mr. Paul Wolfowitz as departing President of the World Bank Group.

Guest workers’ money transfers from Russia to Uzbekistan total US$178m in 1Q

In the first quarter of this year, guest workers in Russia sent over US$1.2 billion through different international money transfer systems to the countries of CIS. Most money is sent to Ukraine - US$220 million, followed by Tajikistan - US$198 million, Uzbekistan - US$178 million, Armenia - US$133 million, Azerbaijan - US$115 million, Moldavia - US$114 million, and Georgia - US$102 million.

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.

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.

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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