Central Bank of Uzbekistan re-instated license to ABN AMRO Bank NB Uzbekistan A.O. in connection with the decision of the shareholders to rename it into Royal Bank of Scotland O’zbekiston MB.
The Asian Development Bank (ADB) has received financing commitments of over US$100 million for a new post-2012 carbon fund and will commence its operations in January. In addition to its founding public sector partners, the ADB is seeking further participation from private businesses.
The USAID-funded Central Asia Microfinance Alliance Project (CAMFA II) will conduct the eighth meeting of the AgFinance Working Group on 11 December 2008 at the Bishkek Hyatt Regency.
On 3 December 2008, the Government of Uzbekistan and the World Bank have signed a US$935,000 worth grant provided by the Government of Japan.
On 5 December 2008, a meeting of the Expert Council of Business Forum for Improvement of Fiscal Policy dedicated to the subject "Tax Consulting in Uzbekistan: Challenges and Development Prospects" was held in Tashkent.
The 16th plenary session of the Uzbek parliament’s upper house has approved the draft state budget for 2009 and several bills on 4 December.
Public Bank, the largest bank by market capitalisation in Malaysia, has on 1 December 2008 signed a Money Market Deposits Agreement with the Central Bank of the Republic of Uzbekistan.
Deposits of population at commercial banks of Uzbekistan will be repaid fully independently from its size, a decree, signed by Uzbek President Islam Karimov “On additional measures on guaranteeing protection of deposits of population at commercial banks of Uzbekistan” from 28 November, said.