VEB chief says SCO should trade in national currencies, not US dollars
31 October 2008 10:43
Shanghai Cooperation Organization (SCO) member countries should consider switching from settling in US dollars to national currencies when conducting trade, Interfax reported quoting Vladimir Dmitriyev, head of Russia’s Vnesheconombank (VEB), on 30 October.
SCO logo
31 October 2008 00:05
Iran has proposed the Shanghai Cooperation Organization to include Tehran as a member of the SCO Banking Consortium to lower trade costs, Iran’s Press TV reported.
New logo of Bank Credit Standard
30 October 2008 16:56
Credit Standard Open Joint-Stock Commercial Bank restyled its corporate image, the bank said on a statement on 30 October. Within the restyling campaign, the bank said it also changed its logo.
30 October 2008 15:33
Uzpromstroybank, one of the three largest banks of Uzbekistan, will issue new emission of shares worth 65.4 million soums to increase charter capital by 2.9 times.
SCO logo
30 October 2008 13:52
Kazakh Prime Minister Karim Masimov has proposed a meeting of finance ministers and central banks’ heads of the Shanghai Cooperation Organization (SCO) in Almaty in the near future, Interfax reported.
Nine companies can sell MIACL policies
29 October 2008 22:06
Nine insurance companies can sell the mandatory insurance of civil liability of vehicle owners (MIACL) policies in Uzbekistan, the Finance Ministry said on 29 October.
Bank Credit-Standard gets rating from Moody’s
29 October 2008 16:20
Moody’s Investors Service has assigned first-time B2 long-term and Not Prime short-term local currency deposit ratings and an E+ Bank Financial Strength Rating (BFSR) to Open Joint-Stock Commercial Bank "Credit-Standard" (BCS). The outlook on all the ratings is stable.
Central Bank of Uzbekistan
27 October 2008 21:18
Bank assets in Uzbekistan grew by 29.6% year-on-year in January-September 2008 to 11.798 trillion soums, the Central Bank said on a statement on Monday, 27 October.
Narodniy Bank
27 October 2008 14:36
Narodniy Bank (People’s Bank) of Uzbekistan will increase its charter capital to 200 billion soums within next four years, the presidential resolution said.
Central Bank of Uzbekistan
27 October 2008 08:02
Central Bank of Uzbekistan re-issued license to Osiyo Trust credit union in connection with change of postal address of the organization.


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