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).
On 11 May, shareholders of Uzagrosugurta state joint-stock insurance company will discuss issue on emission of new shares for 770 million soums.
ARHAT Audit, Uzbek auditor-consulting group, signed a five-year contract on partnership and interaction with FinExpertise, Russian auditor-consulting group, a press release of the Uzbek company said on 27 April.
International scientific-practical conference "Development of retail banking business" will be held in Tashkent on 11-12 May.
Uzbekistan introduced tax consultation and determined authorized body regulating tax consultation. Uzbek Finance Ministry was entrusted as authorized body of tax consultation.
Aggregate capital of Uzbek commercial banks increased by 15.1% year-on-year to 1.1 trillion soums as of 1 April 2007.
Uzbekistan has increased minimal requirements on authorized capitals of local insurance companies. The decree of Uzbekistan’s president Islam Karimov “On further reforming and development of the insurance services market” envisages this measure.
Navoi branch of Ipoteka Bank plans to double the volume of credits, issued to construction and purchase of habitations, in 2007.