Central Bank of Uzbekistan registered three new micro credit organizations in line with legislation of Uzbekistan.
Uzbek commercial bank issued over 491,000 plastic cards and the total number of emitted plastic cards reached 3.578 million as of 1 October 2007.
The Board of the Central Bank of Uzbekistan met to discuss the results of the banking system’s development in the first nine months of this year, and the performance of the tasks outlined by the President of the country Islam Karimov at the government meeting on 12 February 2007, and the tasks set at the meeting of the Cabinet of Ministers held on 16 October 2007.
On 25-26 October a delegation from Uzbekistan participated in the eighth meeting of the Council of the Heads of Insurance Supervision and Regulation Agencies under the Integration Committee of the Eurasia Economic Community (EurAsEC) in Moscow.
The President of the Asian Development Bank (ADB) Haruhiko Kuroda arrived on 31 October in Tashkent for a two-day official visit as part of efforts to further strengthen ADB’s relationship with Uzbekistan and to gain first hand perspective on the progress of ADB operations in country.
Uzbekistan and the Asian Development Bank (ADB) signed a loan agreement on the Reforming the State Finance Management project, UzA reported.
A delegation of representatives of state, commercial and private banks of the Republic of Uzbekistan has visited Italy, Jahon reported.
The agency of insurance protection of private enterprise and small business, Madad has increased its equity capital to 7 billion soums through addition stock floats.