Uzbekistan: micro-lending to entrepreneurs to be simplified

President Shavkat Mirziyoyev signed a decree “On measures for further simplification of the system of micro-lending to businesses and the wider population”, aimed at ensuring broad access to preferential micro-loans. The decree provides for the introduction of a simplified mechanism for granting micro-loans to newly registered individual entrepreneurs (IE) and family business entities (FBE) without…

Ukraine: Alfa-Bank Ukraine not to be sold

The sale of Alfa-Bank Ukraine is not being planned, one of the bank’s major shareholders Petr Aven declared. “We are not preparing to sell,” Aven said, adding that Alfa-Bank currently had a “normal working relationship” with the National Bank of Ukraine. Earlier, the director of strategic communication of Alfa-Bank Ukraine Denis Kazvan said that after…

Kazakhstan: grain stocks at 11 million tons

As of March 1, the registered carry-over stocks of grains and pulses in Kazakhstan totaled 11.735 million tons, the Statistics Committee of the Ministry of National Economy of the Republic of Kazakhstan reported on March 21. In particular, peasant and farming households stored 2.483 million tons of grains. Wheat formed the major share of the…