Bank Ipak Yuli registered new emission of shares for 2 billion soums in the beginning of May.
Russia’s second largest bank, state-owned Vneshtorgbank (VTB), may acquire a 50% stake in a medium-sized Uzbek Kapitalbank.
State property committee of the Republic of Uzbekistan invited international assessment and consulting companies to participate in the competition for selection of the company to assess value of the 51% shares of the State Joint - Stock Commercial Bank “Asaka”.
The Avian Influenza Advisory Board today approved a grant in the amount of US$2.96 million for Avian Influenza Control and Human Pandemic Preparedness and Response activities in the Republic of Uzbekistan. The grant was provided by the European Union through the Avian and Human Influenza Facility Trust Fund and will be administered by the World Bank. The Project will help strengthen the country’s capacity to prevent the spread of avian influenza among poultry, prevent the transmission of avian influenza from birds to humans, and prepare for a potential pandemic of avian influenza transmissible between humans.
National Bank of Uzbekistan for Foreign Economic Activities (NBU) hosted a meeting with delegations of international investments companies and presented trends of development of economy and banking-finance sector in Uzbekistan, investment climate, privatization processes and other issues.
ADB has launched a fund to provide capital to buy carbon credits at the outset of clean energy projects. Commitments from participants to the Asia Pacific Carbon Fund, part of ADB’s broader Carbon Market Initiative, have now exceeded the US$80 million needed for launch.
Ipoteka Bank of Uzbekistan and Eximbank of China signed agreement for US$17.293 million from soft loan of China to the member-states of the Shanghai Cooperation Organization (SCO).
Consolidated balance of the National Bank of Uzbekistan for Foreign Economic Activities made up 3.788 trillion soums, a session of the board of NBU said on 24 April at its meeting dedicated to the results of the first quarter of 2007.