Sunday, 21, January, 2018

Finances

The Competition Committee together with the Research Center, the Central Securities Depository and Tashkent Stock Exchange developed Uzbekistan’s Secondary Securities Market Development Concept for 2017-2018.

Today an EBRD delegation, headed by the President Suma Chakrabarti will arrive in Uzbekistan, a statement in the Bank's website said.

The Central Bank of Uzbekistan will on March 10 issue 10 thousand soum banknotes, a source in the CBU disclosed. “The 144×78 mm note printed on protected paper will have internationally acceptable features such as watermark and security thread with 3D-effect”. - the source added.

In the Senate of Oliy Majlis was held a meeting of the Deputy Chairman of the Senate, Sodiq Safoyev with the head of Tashkent representative office of Commerzbank AG, B. Tönz.

The Central Bank of Uzbekistan will issue new higher value 10 thousand soum banknote, a source at the central bank and the government said.

The European Bank for Reconstruction and Development (EBRD) is set for long-term cooperation with Uzbekistan, the Bank’s Managing Director for Central Asia and Russia, Natalia Khanzhenkova said in an interview to Jahon IA. She arrived in Tashkent on February 6 to discuss cooperation prospects.

The President of the European Bank for Reconstruction and Development (EBRD), Sir Sumi Chakrabarty is expected to visit Uzbekistan. The agenda of the visit was discussed on the Feb 6 meeting between the Uzbek Foreign Minister, Abdulaziz Kamilov and EBRD delegation headed by the Managing Director for Central Asia and Russia, Natalya Khanzhenkova.

The regulator announced that the Board of the Central Bank made a decision to keep the Bank’s rate unchanged at 9%. 

The Jan 18 Presidential Order "On Aral Sea region Development Program for 2017-2021" has established the Aral Sea region Development Fund under the Uzbek Ministry of Finance.

Uzbekistan will get a new bank. It will be called UzAgroEksportBank and is established pursuant to the Presidential Order of 24 January. The objectives of the bank is “to create favorable conditions for producers of agricultural products and individuals, financial support to export companies and building the capacity for exports of fruits and vegetables.