IUT and Asaka Bank sign a memorandum of understanding
06/09/2016 11:41
IUT and Asaka Bank sign a memorandum of understanding
06/09/2016 11:41
Tashkent, Uzbekistan (UzDaily.com) -- Inha University in Tashkent and Joint stock commercial bank “Asaka” (Asaka Bank) today signed a memorandum of understanding.
Rector of Inha University in Tashkent Mr. Sherzod Shermatov and Chairperson of the Board of Asaka Bank Mr. Azim Akhmedkhadjaev inked the memorandum. The signing ceremony was held at Inha University in Tashkent (IUT) with participation of representatives of mass media.
Within the memorandum, the sides are planning to establish cooperation in several directions, one of which will be a program of providing educational grants to talented undergraduate and graduate students of IUT.
At the same time, IUT and Asaka Bank reached agreement on launch of projects, directed at developing, introducing, maintaining and further modernizing of software, necessary in banking activities. An indispensable condition of the project is attraction of IUT students to these projects to ensure improving practical skills of future specialists during education period at the university.
The sides intend to cooperate in implementation of joint projects on introduction of innovative solutions in banking sphere, development of internet and mobile banking, as well as application of business process reengineering (BPR) and introduction of BI-system (Business intelligence) in order to optimize business processes and improve quality of management decisions in the banking activities.
Another direction of partnership of two organizations will be training and improving skills of the bank’s employees in the field of complex introduction and effective use of modern information technologies in banking sector.
The curriculum of the trainings will be conducted via organization of series of training courses, directed at developing skills of system analysis, time management and implementation of banking IT systems. IUT will attract experienced specialists as lecturers and trainers.
Chairperson of the Board of Asaka Bank Mr. Azim Akhmedkhadjaev said: “We are truly excited about this collaboration with Inha University in Tashkent. We see interesting prospects for use of the latest information technology solutions in the development of software products for use in the banking business.”
Undoubtedly, in this context, knowledge, which students acquire during training at the University, represent a significant importance. We are pleased that we are participating in this process and supporting the most talented and active students, not only by providing educational grants, but also creating opportunities for the practical implementation of their innovative ideas and solutions of future professionals."
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