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Finance 08/06/2011 Orient Finans Bank signs agreements with Migom, Western Union
Orient Finans Bank signs agreements with Migom, Western Union
Tashkent, Uzbekistan (UzDaily.com) -- Orient Finans private closed joint stock commercial bank signed agreements with new international money transfer systems.

The bank’s press service said that Orient Finans Bank signed agreements to carry out money transfers through Migom and Western Union systems.

Earlier, the bank only offered money transfers through AziyaExpress system. The sides inked agreement in March 2011.

Central Bank of Uzbekistan registered Orient Finans in June 2010 and issued a corresponding license.

The announced charter capital of the bank makes up 11.48 billion soums, of which 80% belongs to individuals. The bank registered the first emission of shares for 11.48 billion soums in late November 2010.

Priority directions of Orient Finans activities are to assist to deepen social-economic reforms, finance small and private business, as well as stimulate new class of owners in Uzbekistan.

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