Category: Finance

20
AUG
15:10
Business of Uzbekistan received $ 7.4 billion from foreign loans within 3.5 years
Finance

Business of Uzbekistan received $ 7.4 billion from foreign loans within 3.5 years

Due to foreign credit lines, the business of Uzbekistan received loans from commercial banks for $ 7.4 billion in 3.5 years. This was announced by the Central Bank in its review.

28
APR
11:28
Uzauto Motors will release its first $ 300 million international bonds
Finance

Uzauto Motors will release its first $ 300 million international bonds

On April 22, 2021, Uzauto Motors JSC announced the forthcoming issue of its first international bonds in the amount of US $ 300 million and holding teleconferences with internation...

16
APR
15:36
IPO and SPO conditions for SOEs defined
Finance

IPO and SPO conditions for SOEs defined

The President signed a decree that defines the conditions for the initial (IPO) and secondary (SPO) public offering of shares of joint-stock companies, in the authorized capital of...

02
APR
11:19
Hungarian OTP Bank participates in the privatization of one of the banks in Uzbekistan
Finance

Hungarian OTP Bank participates in the privatization of one of the banks in Uzbekistan

Hungarian OTP Bank participates in the privatization of one of the banks in Uzbekistan. President Shavkat Mirziyoyev said this during the ceremony of signing bilateral documents af...

10
SEP
16:16
The Board of the Central Bank lowered the base rate by 1 pp. up to 14% per annum
Finance

The Board of the Central Bank lowered the base rate by 1 pp. up to 14% per annum

This decision is due to the strengthening of the prerequisites for a further slowdown in the forecast inflation dynamics, the need to maintain moderately positive real interest rat...

04
SEP
13:56
The revenues of the State budget for 8 months of the year 2020
Finance

The revenues of the State budget for 8 months of the year 2020

In January-August 2020, state budget revenues amounted to 82,9 trillion soum, of which 63,5 trillion soum falls on receipts administered by tax authorities and

25
AUG
22:44
Uzbekistan’s foreign trade turnover reached $ 19.54 billion
Finance

Uzbekistan’s foreign trade turnover reached $ 19.54 billion

According to the State Statistics Committee, in January-July 2020, the foreign trade turnover (WTO) of Uzbekistan reached $ 19.54 billion, which, compared to the same period last y...

20
JUL
16:21
CMDA, UNDP, IsDB sign Statement of Intent
Finance

CMDA, UNDP, IsDB sign Statement of Intent

Capital Markets Development Agency of the Republic of Uzbekistan (CMDA), the United Nations Development Programme (UNDP) and Islamic Development Bank (IsDB) signed a Statement of I...

07
JUL
03:02
Minister of Finance: 25 foreign independent observers to start working in state banks
Finance

Minister of Finance: 25 foreign independent observers to start working in state banks

At the meeting chaired by the President of Uzbekistan Shavkat Mirziyoyev on discussing the implementation of the banking system reform strategy, issues related to this area were di...

24
JUN
17:03
Sanoat Qurilish Bank and EBRD support SMEs
Finance

Sanoat Qurilish Bank and EBRD support SMEs

On June 23, Sanoat Qurilish Bank (Uzbekistan Industrial and Construction Bank) and the European Bank for Reconstruction and Development (EBRD) signed a loan agreement, according to...

14
MAY
13:20
Reform strategy of banking system was approved
Finance

Reform strategy of banking system was approved

The Decree of the President “On the reform of the strategy of the banking system of the Republic of Uzbekistan in 2020–2025” was adopted.

18
APR
04:58
Gold commemorative coins in Uzbekistan rose by almost a million UZS
Finance

Gold commemorative coins in Uzbekistan rose by almost a million UZS

The Central Bank of Uzbekistan has set prices for commemorative coins.