MicroCreditBank issued over 115,600 plastic cards as of 1 October 2007 or in creased by 15.5% year-on-year, the press service of the bank said.
The Oliy Majlis’ Legislative Chamber [parliament’s lower house] held a session on 9 November. Uzbek Prime Minister Shavkat Mirziyoyev, members of the Uzbek Cabinet of Ministers and heads of national organizations attended the session.
Uzbek President Islam Karimov signed a resolution abolishing the tax on income received by companies on long-term bank deposits and securities of banks until 2011.
President of Uzbekistan Islam Karimov signed a resolution on 7 November to raise minimal requirement of the charter capital of the banks from 2008.
As of October 1 2007, the Ipoteka Bank (Mortgage Bank) Joint-Stock Commercial Innovative Bank had some 50,000 small business entities as clients, the bank’s press service said.
Net income of UzKDB, Uzbek-Korean bank, increased by 19% year-on-year to 3.2 billion soums as of 1 October 2007.
Central Bank of Uzbekistan issued a licence to Kredit biznes plus, which allows it to carry out activity of pawnshop.
Central Bank of Uzbekistan registered three new micro credit organizations in line with legislation of Uzbekistan.