On August 15, the National Bank for foreign economic activity of the Republic of Uzbekistan held a press conference. It was attended by representatives of the media, members of the NBU and representatives of the Fund for support of export of small business and private entrepreneurship. Particular attention at the meeting was paid to the…
Nationals of Iran and Azerbaijan will be able to use their bank cards in the two countries’ territories once Iranian banks connect to the national card payments network created by Azerbaijan’s Central Bank. “Since Iran has not yet connected to any international payment system (Visa or MasterCard), the integration of the two countries’ card systems…
Joint-stock commercial bank “Uzpromstroybank” is one of the largest financial institutions of the Republic. The bank serves more than one million legal entities and individuals, providing them with various types of banking services. The bank also pays significant attention to the financial support of small business and private entrepreneurship entities. Over the first half of…
Measures undertaken in the country to strengthen the financial stability of commercial banks have a positive effect on their assessment by international rating agencies in terms of creditworthiness. In particular, the implementation of effective banking supervision on the basis of international standards, constant monitoring of quality of assets and liquidity of banks have allowed domestic…
Joint Stock Commercial Bank “Qishloq Qurilish Bank” is actively working to attract free money resources of the population to deposits. On the eve of the 25th anniversary of the state independence of the Republic of Uzbekistan, the bank has developed two new attractive deposits – “Mustaqil yurtim” in the national currency and “Comfort” in foreign.…
The Deposit Guarantee Fund as part of the pre-sale preparations proposed to investors to appraise a pool of credits issued by Delta Bank being under liquidation secured by vegetable oil handling assets on the territory of Illichivsk port. According to a posting on the fund’s website, claims to 14 credits issued by Delta Bank worth…
Changes occurred in the management of Azerbaijan’s AGBank OJSC, and Tokay Alizade has left his post of deputy chairman of the bank’s board, the bank said on its website. This post remains vacant for now, according to the bank. Currently, the bank’s executive board includes Acting Board Chairman Afqan Jalilov, Director of Department of Financial…