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Finance 15/10/2009 Agrobank offers new depository certificates to legal entities
Agrobank offers new depository certificates to legal entities
Tashkent, Uzbekistan (UzDaily.com) -- Agrobank open joint-stock commercial bank offers depository certificates to legal entities with par value of 1 million soums each.

The bank said maturity period of the certificate with interest rate of 7% APR is six month, 10.5% APR - 12 months and 11% APR - 18 months. The bank said legal entities can purchase certificates in any branches of Agrobank.

In line with resolution of the Uzbek President from 28 July 2009, legal entities are exempted from income tax on received income, from investments directed to deposits and long-term securities of the commercial banks for over a year.

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