The Board of the Central Bank of Uzbekistan adopted the resolution on replacement of letterheads of license of the bank to replace banking operation and general license on holding operation with hard currency of Savdogarbank.

The regulator said that licenses were replaced in connection with change of the name of the bank from the Uzbek-German open joint stock commercial bank “Savdogarbank” to Open joint stock commercial bank with foreign capital “Savdogarbank”.

The Board of the Central Bank of Uzbekistan also adopted decision on replacement of license on conducting banking operations of Credit Standard Bank due to change of its postal address.