Finance

ADB to improve water sector in Uzbekistan’s Surkhandarya region

The Asian Development Bank (ADB) is lending US$30 million to help Uzbekistan provide clean water supply and sanitation services to the southern region of Surkhandarya.

ADB increases funding for Kyrgyz Republic water infrastructure project

The Asian Development Bank (ADB) is granting an additional US$30 million for a project that will provide cleaner drinking water and better sanitation services to 1.5 million people in the provinces of Chui, Jalal-Abad, Osh, and Batken in the Kyrgyz Republic.

Latest News

Uzbekistan COA assigned as Chairman of Council of Heads of CIS Member States SAIs for 2025-2027

29/09/2023Read more

Specialists returned from advanced training at a Japanese company

29/09/2023Read more

Bekzod Khidoyatov: “The damage from the explosion in Sergeli district will be covered by those responsible”

29/09/2023Read more

ADB helps Kyrgyz Republic improve investment climate

The Kyrgyz Republic’s drive to achieve higher and broad-based economic growth is being supported by an Asian Development Bank (ADB) program to improve the business and investment environment.

Equity capital of Kapitalbank grew 1.42 times in Jan-Sep

Equity capital of Kapitalbank grew 1.42 times to 17.6 billion soums as of 1 October 2008, the bank said in the press release.

Uzbek commercial banks to compete in attraction of resources to deposits

Commercial banks of Uzbekistan will participate in contest on attraction of free resources of population to deposits.

Seminar in Tashkent discusses legal relations in mortgage

Justice Ministry of Uzbekistan in cooperation with the Japan International Cooperation Agency (JICA) organized a seminar “Mortgage legal relations in Uzbekistan” in Tashkent on, Friday, 31 October.

Russian company to present banking solutions in Uzbekistan

Central Bank of Uzbekistan will host a presentation of Center of Financial Technologies, Inc. (CFT) of Russia on 17 November 2008. The company will present its innovative solutions to the representatives of Uzbekistan’s banking system.

VEB chief says SCO should trade in national currencies, not US dollars

Shanghai Cooperation Organization (SCO) member countries should consider switching from settling in US dollars to national currencies when conducting trade, Interfax reported quoting Vladimir Dmitriyev, head of Russia’s Vnesheconombank (VEB), on 30 October.

Iran seeks banking ties with SCO

Iran has proposed the Shanghai Cooperation Organization to include Tehran as a member of the SCO Banking Consortium to lower trade costs, Iran’s Press TV reported.

Uzpromstroybank to float shares for 65bn soums

Uzpromstroybank, one of the three largest banks of Uzbekistan, will issue new emission of shares worth 65.4 million soums to increase charter capital by 2.9 times.

Currency rates from 22/09/2023

$ 1 12190.01 +0.098%
€ 1 12987.24 -0.314%
₽ 1 126.91 +0.674%
Other currencies »