The World Bank’s Board of Directors approved US$ 70 million for the Emergency Recovery Project to the Kyrgyz Republic to finance urgent social reconciliation efforts and infrastructure reconstruction needs following the civil unrest and violence earlier this year. The funding will be nearly half as a grant and half as a highly concessional credit (with no interest and repayable over 40 years).
01/10/2010Read more
The Asian Development Bank (ADB) appointed Joji Tokeshi as the new Country Director for Tajikistan, effective 23 September 2010.
29/09/2010Read more
Representatives of Central Bank, Cabinet of Ministers of Uzbekistan and Uzbekistan Banking Association participated at the international conference “Systems of accounting in consumer crediting”.
28/09/2010Read more
National Bank for Foreign Economic Activity of Uzbekistan (NBU) and Eximbank of Slovakia held negotiations on issuing credit line.
27/09/2010Read more
Moody's Investors Service has upgraded the long-term global scale local currency deposit rating of Qishloq Qurilish Bank or QQB (formerly Gallabank) to B2 from B3.
27/09/2010Read more
Uzbekistan’s Agrobank open joint stock commercial bank will issue shares to increase charter capital to 115 billion soums.
27/09/2010Read more
Open joint-stock commercial Turonbank (Uzbekistan) is increasing its charter capital by 5.2 billion soums.
27/09/2010Read more
The EBRD is stepping up its support to Kazakhstan’s exporters and importers with a US$50 million trade finance guarantee facility to SBERBANK Kazakhstan, a subsidiary of SBERBANK of Russia, to facilitate the financing of foreign trade at a time when lending to the real economy remains limited.
25/09/2010Read more
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