President of Uzbekistan approves protocol to convention on avoiding double taxation with Netherlands
25 April 2017 20:46
On 19 April 2017, President of Uzbekistan Shavkat Mirziyoyev approved a protocol on introduction of changes to the intergovernmental Convention on avoiding double taxation and preventing tax evasion on income and capital between Uzbekistan and the Netherlands from 18 October 2001.
CBU denies reports on suspension of payments for import contracts
25 April 2017 16:09
Central Bank of Uzbekistan denied reports of some internet outlets on suspension of payments for import contracts by commercial banks.
Aggregate assets of Asaka Bank reach 11.09 trillion soums
25 April 2017 14:32
Aggregate assets of Asaka Bank rose by 3.03 trillion soums in January-March 2017 and reached 11.09 trillion soums as of 1 April 2017, the Uzbek bank said in a statement.
Insurance company KAFOLAT collects 19.9bn soums of insurance premiums
25 April 2017 11:23
Insurance company KAFOLAT collected 19.9 billion soums of insurance premiums in the first quarter of 2017, which rose by 20.5% year-on-year.
Uzbekinvest collect insurance premiums for 22.6bn soums
25 April 2017 11:04
National export-import insurance company Uzbekinvest collected insurance premiums for 22.6 billion soums in the first quarter of 2017.
Individual entrepreneurs receive right to pay for goods, services with banking cards
24 April 2017 18:51
Individual entrepreneurs received a right to conduct payments for products and services of any character with payment of their banking cards, not just for production needs.
CBU hosts event to discuss raising financial awareness of population
24 April 2017 14:06
Central Bank of Uzbekistan (CBU) hosted an event within the project “Improving financial awareness of population in Uzbekistan”, with participation of officials of 23 ministries and departments, as well as GIZ.
ADB approves US$80 million for Uzbekistan railway electrification
24 April 2017 11:27
The Asian Development Bank (ADB) has approved an US$80 million loan for the electrification of 145 kilometers (km) of railway in Uzbekistan, linking the cities of Pap, Namangan, and Andijan. The electrified track is part of the Central Asia Regional Economic Cooperation (CAREC) Corridor 2, a critical transport link in the region.
Uzbekistan and IFIs sign loan agreements for US$611.5m in Jan-Mar
21 April 2017 01:02
The Government of Uzbekistan signed six loan agreements for US$611.47 million with international financial institutions and donors in January-March 2017. Total cost of the projects make up US$845.48 million.
S&P raises Turkiston Bank short-term rating to ‘B’
21 April 2017 00:01
S&P Global Ratings had raised its short-term counterparty credit rating on Uzbekistan-based Turkiston Bank to ‘B’ from ‘C’.


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