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Markets 03/07/2023 Immediately 4 banks were accepted as members of the UzRCE
Immediately 4 banks were accepted as members of the UzRCE

Tashkent, Uzbekistan (UzDaily.com) -- Membership on the UzRCE will allow HAYOT BANK, YANGI BANK, Smart Bank and APEX BANK to actively participate in exchange operations and expand their opportunities in the financial market of Uzbekistan.

It should be noted that "Smart Bank" was accepted as a member of UzRCE in category "C", while "APEX BANK", "HAYOT BANK" and "YANGI BANK" are accepted in all categories - "A", "B" and "C".

Category “A” gives members of the UzRCE the right to participate and carry out transactions in the UzRCE currency market, including trading in currency futures contracts.

Category "B" gives the right to participate and carry out operations in exchange trading on the government securities market.

Category "C" allows banks to carry out operations in the interbank money market, as well as to conclude transactions in credit and deposit auctions of the Central Bank with commercial banks.

In order to expand the composition of participants in exchange trading, as well as to stimulate financial market entities, fees and fees for membership in the UzRCE are not charged.

 

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