The assets of Ravnaqbank made up 15.4 billion soums as of 1 October 2007, the bank’s marketing department said.
Four workshops dedicated to explanation and discussion of the main provisions envisaged in the draft New Revision of Tax Code of the Republic of Uzbekistan were held in the Legislative Chamber of Oliy Majlis on 26-29 October this year.
MicroCreditBank issued over 115,600 plastic cards as of 1 October 2007 or in creased by 15.5% year-on-year, the press service of the bank said.
Area-Based Development Programme (ABD) held presentations of two microcredit products in Nishan and Kitab districts of Kashkadarya region on 24-25 October.
The Oliy Majlis’ Legislative Chamber [parliament’s lower house] held a session on 9 November. Uzbek Prime Minister Shavkat Mirziyoyev, members of the Uzbek Cabinet of Ministers and heads of national organizations attended the session.
Uzbek President Islam Karimov signed a resolution abolishing the tax on income received by companies on long-term bank deposits and securities of banks until 2011.
President of Uzbekistan Islam Karimov signed a resolution on 7 November to raise minimal requirement of the charter capital of the banks from 2008.
As of October 1 2007, the Ipoteka Bank (Mortgage Bank) Joint-Stock Commercial Innovative Bank had some 50,000 small business entities as clients, the bank’s press service said.
Net income of UzKDB, Uzbek-Korean bank, increased by 19% year-on-year to 3.2 billion soums as of 1 October 2007.