Bank Credit Standard will open UNIStream service points at its branches across the country. UNIStream money transfer system and Bank Credit Standard of Uzbekistan signed an agreement on partnership.
Trade and investment in the Asia and Pacific region are expected to benefit from a US$900,000 grant from Japan and the Asian Development Bank (ADB) that will improve trade policy formation and strengthen institutional capacity within the region.
Central Bank of Uzbekistan re-issued licenses of two commercial banks due to change of their legal addresses.
Central Bank of Uzbekistan re-instated license to ABN AMRO Bank NB Uzbekistan A.O. in connection with the decision of the shareholders to rename it into Royal Bank of Scotland O’zbekiston MB.
Central Bank of Uzbekistan issued licenses to two new credit unions, the Uzbek financial market regulator said.
The Asian Development Bank (ADB) has received financing commitments of over US$100 million for a new post-2012 carbon fund and will commence its operations in January. In addition to its founding public sector partners, the ADB is seeking further participation from private businesses.
The USAID-funded Central Asia Microfinance Alliance Project (CAMFA II) will conduct the eighth meeting of the AgFinance Working Group on 11 December 2008 at the Bishkek Hyatt Regency.
On 3 December 2008, the Government of Uzbekistan and the World Bank have signed a US$935,000 worth grant provided by the Government of Japan.
On 5 December 2008, a meeting of the Expert Council of Business Forum for Improvement of Fiscal Policy dedicated to the subject "Tax Consulting in Uzbekistan: Challenges and Development Prospects" was held in Tashkent.