Banking & Finance: weekly review for December 21, 2009

In this issue:

2 Upcoming events
2-5 Industry News
2 Standard & Poor’s banking industry country risk assessment places Uzbekistan in Group 9
3 Kapitalbank to direct 13bn soums to payment of dividends
3 Alokabank to pay dividends for 160m soums
3 Kafolat becomes co-founder of O’zbekinvest Hayot
3 Uzbekinvest attends intl insurance conference in Indonesia
3 Microcreditbank, UNDP sign agreement on microcrediting
4 Renewable Credit Fund created at People’s Bank
4 The Banker names Uzbekistan's Agrobank the bank of the year
4 Tayanch credit union increases its credit portfolio twice in Jan-Oct
4 Uzbekistan receives US$699m in money transfers from Russia in 3Q
5 IDB approves US$504 million financial aid for member states
5 IDB allocates US$35.4m to Uzbek project
5 KfW allocates 18.8m euros to Uzbekistan
4 IPO and M&A
5 Legislation news
6 UzSE
7 Uzbekistan financial stocks performance
8 AFS-Research productline