Finance

The Central Bank issues a license to BEELAB LLC for the right to carry out the activities of a payment organization

By a resolution of the Board of the Central Bank of the Republic of Uzbekistan, BEELAB Limited Liability Company was issued a license for the right to carry out the activities of a payment organization. This was reported by the press service of the Central Bank.

ADB signs partnership agreement with Davr Bank to expand trade support in Uzbekistan

The Asian Development Bank’s (ADB) Trade and Supply Chain Finance Program (TSCFP) and Private Joint-Stock Commercial Bank “Davr Bank” have signed an issuing bank agreement to further promote trade in Uzbekistan.

Latest News

Uzbek President visits Cotton and Textile Cluster in Syrdarya

06/10/2022Read more

A meeting of the heads of emergency departments of Central Asian takes place in Dushanbe

06/10/2022Read more

International round table “Reform of tax and customs policy, as well as digitalization of revenue administration” continues its work in Samarkand

06/10/2022Read more

Innovations in the calculation of pensions are fixed from a legal point of view

As part of the social protection policy aimed at improving human dignity in our country, special attention is paid to improving the pension system and regularly increasing pensions.

Senators discuss the execution of the State Budget of Uzbekistan following the results of the first half of 2022

At the thirty-second plenary session of the Senate, the report of the Cabinet of Ministers on the execution of the State budget of the Republic of Uzbekistan in the first half of 2022 was discussed.

Fitch Affirms Uzagrosugurta at ‘BB-’; Outlook Stable

Fitch Ratings has affirmed Uzbekistan-based Uzagrosugurta Joint-Stock Company’s Insurer Financial Strength (IFS) Rating at ‘BB-’. The Outlook is Stable.

Orient Group is first in Uzbekistan to adopt Korn Ferry Hay international job evaluation method

The key step in implementing initiative for adoption of grade-based employee remuneration system was training for Orient Group employees on basics of job evaluation using Korn Ferry Hay Guide Chart method.

The debt resulting from the increase in taxes on unused facilities to be written off

Presidential Decree “On writing off tax debts resulting from the application of an effective tax mechanism” was adopted.

CBU keeps the policy rate unchanged at 15% APR

At a meeting on 8 September 2022, the Board of the Central bank of Uzbekistan decided to keep the policy rate unchanged at 15 percent per annum

The Central Bank of Uzbekistan becomes one of the largest buyers of gold in July 2022

The Central Bank of Uzbekistan became one of the largest buyers of gold in July 2022. The data is provided in the World Gold Council report.

Tinkoff Business launches currency transfers to Armenia and Uzbekistan

Tinkoff Business has expanded opportunities for foreign currency transfers abroad. Now legal entities can pay through Tinkoff with counterparties from Armenia and Uzbekistan in dollars and euros without limits on the amount. Also, soon Tinkoff will launch transfers in Armenian drams (AMD) to banks in Armenia and in Uzbek soums (UZS) to Uzbekistan.

Currency rates from 30/09/2022

$ 1 11014.01 +0.129%
€ 1 10674.78 +1.671%
₽ 1 191.80 +1.875%
Other currencies »