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Finance
17/05/2016
License of Madad suspended
License of Madad suspended
Tashkent, Uzbekistan (UzDaily.com) --
Ministry of Finance of Uzbekistan suspended a license of joint stock agency on insurance on protection of private entrepreneurship and small business Madad for 10 working days, according to the press service of the Ministry.
Ministry of Finance adopted a corresponding order, in line with which the license of Agro Invest Sug‘urta suspended for 10 working days.
The Uzbek ministry said that the license of insurance company, issued on 20 October 2015, suspended from 13 May 2016.
Ministry of Finance did not disclose reason behind the decision on suspending the license of the Uzbek insurance company.
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