Finance

Uzbekistan’s Hamkorbank Outlook Revised To Positive On Potential Improvement Of Its Capital Position; Affirmed At ‘B+/B’

S&P Global Ratings revised its outlook on Uzbekistan-based Hamkorbank JSCB to positive from negative and affirmed its ‘B+/B’ long and short-term issuer credit ratings.

Visa together with MayaSoft and Orient Finance Bank launches the first commercial solution in Uzbekistan for accepting contactless payments based on Visa Tap to Phone technology

Orient Finance Bank and MayaSoft announced the launch of the first commercial solution in Uzbekistan based on Visa Tap to Phone technology - MARTA Terminal.

Latest News

The course of cooperation between Uzbekistan and Great Britain in the investment, trade and economic spheres was considered

15/09/2021Read more

Amendments and additions have been made to the Tax Code

15/09/2021Read more

Excess VAT is refunded to participants in special economic zones

15/09/2021Read more

The size of benefits for children and material assistance for low-income people to increase

Starting from 1 September, instead of a child benefit under 14 years old and a child care benefit under 2 years old, a single child benefit is introduced. The corresponding decree was signed by President Shavkat Mirziyoyev.

A meeting on the implementation of financial literacy lessons in educational institutions takes place

The Central Bank of Uzbekistan organized an online meeting on the implementation of the project "Implementation of financial education in educational institutions".

A license was issued for the right to carry out activities of a microcredit organization

By the decree of the Board of the Central Bank, the limited liability company "CENTRAL CAPITAL CREDIT MIKROKREDIT TASHKILOTI" was issued a license to carry out the activities of a microcredit organization.

Videoconference with representatives of the French Development Agency

On 9 August 2021, First Deputy Minister of Economic Development and Poverty Reduction Ilhom Norkulov and Deputy Minister of Finance Odilbek Isakov held a videoconference with the French Development Agency Project Manager Come Dechery.

An agreement was signed with the Central Bank of South Korea in the field of personnel training

The Central Banks of Uzbekistan and South Korea signed an Agreement on personnel training. This was reported by the press service of the Central Bank of Uzbekistan.

Uzbekistan’s official reserves exceed US$35 billion

The volume of official reserves of Uzbekistan as of 1 August 2021 exceeded US$35.11 billion, according to the data of the Central Bank.

Uzbek Finance Ministry hosts meeting with Advisors of US Department of the Treasury

On 9 August, a delegation consisting of Tracy Henderson and Seta Vandegrift, Advisors on Budget and Financial Accounting of the United States Treasury, visited the Ministry of Finance of the Republic of Uzbekistan and during the visit, a meeting was held to discuss the status of the project, which is being implemented under the technical assistance provided by the US Treasury, the prospects for future cooperation and the possibility of analyzing the financial impact.

Central banks of Uzbekistan and Turkey sign a memorandum of understanding

The Central Bank of the Republic of Uzbekistan signed a memorandum of understanding with the Central Bank of the Republic of Turkey.

Currency rates from 15/09/2021

$ 1 10686.62 +0.328%
€ 1 12625.17 +0.515%
₽ 1 146.54 +0.342%
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