23 July 2007 09:27
Ipak Yuli Bank has begun to issue VISA VSDC cards, according to the bank’s press service. On 16 July 2006, as an affiliated member of the Visa International payment system, Ipak Yuli Bank started to issue international Visa Classic cards.
23 July 2007 09:25
Russian Vneshtorgbank (VTB) intends to spread its presence to all countries of the CIS by mid-2008. The bank is prepared to invest some US$1.5 billion in the capitalization of the existing and acquisition of new banks on the territory of the Commonwealth, Regnum quoted the President and CEO of the Bank Andrey Kostin.
19 July 2007 12:30
International Finance Corporation (IFC) has launched website of its Azerbaijan-Central Asia Leasing Facility (ACALF) Advisory Services Project.
18 July 2007 15:32
Central Bank of Uzbekistan registered three credit unions, located in Tashkent city, in line with legislation of the country, the bank said in its statement.
18 July 2007 09:55
Khalq Bank (People’s Bank) issued over 90,000 plastic cards as of the end of the first half of the 2007. The bank said it issued 40,000 plastic cards as a part of salary projects.
17 July 2007 13:51
The assets of the Ipoteka Bank, one of the five largest banks of Uzbekistan, increased by 33.9% to 562.6 billion soums in January-June 2007, Interfax reported citing the bank’s management.
17 July 2007 09:39
The aggregate of equity capitals of the insurance companies of Uzbekistan exceeded US$66.8 million and 16.3 billion soums at the end of the first quarter of 2007 (US$63.7 million and 15.7 billion soums in 1Q 2006).
17 July 2007 09:37
As one of the most dynamically developing markets in the CIS, the insurance market of Uzbekistan again demonstrated high growth results during the past half-year, reported.
17 July 2007 09:24
In late June, Hamkor Bank held a general shareholders meeting to consider results of the bank’s performance in 2006, and set the performance targets for the year 2007.
17 July 2007 09:21
Uzbek President Islam Karimov exempt commercial banks from tax on profit earned on long-term investment loans for the period until 1 January 2012.


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