In this issue:
2 Upcoming events
2-4 Industry News
2 Media training on issues of microfinance and credit information sharing
3 Uzbekistan uses investments for 12.531 trln soums in 2009
3 Uzbekistan plans to attract US$693m ADB funds
3 Ipoteka Bank places shares for 15.293 bn soums
3 LIDER, Trustbank realize joint project
3 Volume of credit portfolio of ACU members and partners up 59.7% in 2009
3 Korea plans to share development knowledge with Uzbekistan
4 Small businesses produce 50.1% of Uzbekistan’s 2009 GDP
4 Industrial output of Uzbekistan makes up 28.009 trln. soums in 2009
4 Uzpromstroybank holds action among VISA cardholders
4 Ipoteka Bank continues to realize saving certificates
5 Turkiston Invest’s 2009 net income makes up 152.847m soums
5 Small Businesses Association to be created in Uzbekistan
5 Uzbekistan agriculture output comprises 12.642trln soums in 2009
5 IPO and M&A
5 Legislation news
6 UzSE
7 Uzbekistan financial stocks performance
8 AFS-Research productline
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In this issue:
2 Upcoming events
2-4 Industry News
2 VISA launches NNSS system in Uzbekistan
2 ADB President announces plan to open resident mission in Turkmenistan
3 Uzbekistan plans to attract US$693m ADB funds
3 BTF-SOUZ, InFinBank launch joint project
3 Qishloq Qurilish Bank emits corporate bonds for 5bn soums
3 ALFA GROUP places shares for 2bn soums
3 EBRD and Kazakhstan sign memorandum of understanding to foster economic diversification
4 Social performance management strategic workshop for microfinance institutions
4 Deutsche Kabel AG Tashkent to invest US$9m to modernize production capacities
5 ADB commends Uzbekistan for promoting Central Asia regional cooperation
5 Uzbekistan’s economy to grow by 9% in 2010 – ADB chief
5 IPO and M&A
5 Legislation news
6 UzSE
7 Uzbekistan financial stocks performance
8 AFS-Research productline
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In this issue:
2 Upcoming events
2-4 Industry News
2 NBU consolidate balance reach 5.897 trln. soums
2 ADB President to visit Uzbekistan
3 Alokabank raises charter capital to 34bn soums
3 CBU keeps refinancing rate at 14% APR
3 Hamkorbank assets grow by 26% in 2009
3 Uzbek leader receives South Korean minister of strategy and finance
3 World Bank holds external consultations with Central Asia stakeholders
4 Navoi region attracts direct investments for 1.3bn soums
4 Aggregate capital of commercial banks in Uzbekistan reaches 3 trln. soums
4 Agronur credit union's portfolio grows by 54% at the beginning of 2010
Charter capital of Afruz grew by 125% to 117 million soums in 2009
WB supports improvement of water resource management in Ferghana valley
5 Farovon credit union's charter capital grows by 58% year-on-year in 2009
5 IPO and M&A
5 Legislation news
6 UzSE
7 Uzbekistan financial stocks performance
8 AFS-Research productline
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In this issue:
2 Upcoming events
2-4 Industry News
2 Government directs 500bn soums to increase banks’ charter capital – President
3 Ahbor-Reyting updates credit rating of Trust Bank
3 Ahbor-Reyting, Sarbon credit union sign agreement
3 Investments volume in Uzbekistan reaches US$8.2bn
3 Rusfinance Bank become partner of Uz-Daewoo Finance
4 S&P confirms credit ratings of the National Bank of Uzbekistan at B/Stable/B
4 Alp Jamol bank reports 21.4% assets growth in 2009
4 Net profit of Tayanch credit union exceeds 772 million soums in 2009
4 Uzbek-Turkish Bank to raise shares by 4bn soums
5 Asia Alliance Bank to raise charter capital to 14.55bn soums
5 Capital of Osiyo Trast credit union grows by 127% in 2009 to 7 billion soums
5 Ahbor-Reyting updates credit rating of Alp Jamol Bank
5 4 IPO and M&A
5 Legislation news
6 UzSE
7 Uzbekistan financial stocks performance
8 AFS-Research productline
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In this issue:
2 Upcoming events
2-4 Industry News
2 Central Bank of Uzbekistan registers new banks
2 NBU to place corporate bonds for 100 billion soums
Credit Standard Bank named the Best Innovative Bank in 2009
2 Agrobank assets grow by 44.3% in 2009
3 Sanctions for violation of legislation on combating income legalization approved in Uzbekistan
3 Order on payment of single tax for wholesale organizations with advanced payments approved
3 Expert RA withdraws Uzpromstroybank’s rating
3 Uzbekistan’s economy to grow by 6.5% next two years – World Bank
4 CBU, UBA names the best banks of 2009
4 IFC to invest up to 100m euros to help Central and Eastern Europe deal with bad loans
5 Uzbekistan to modernize tax body system
5 Qishloq Qurilish Bank to raise charter capital to 150bn soums
5 4 IPO and M&A
5 Legislation news
6 UzSE
7 Uzbekistan financial stocks performance
8 AFS-Research productline
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In this issue:
2 Upcoming events
2-4 Industry News
2 Uzbek banks raise charter capital by 489.2bn soums
2 Asaka Bank increases authorized capital to 300bn soums
Ipoteka Bank offers saving certificates for individuals
2 Moody's: Sluggish recovery most likely 2010 global macroeconomic scenario
3 Alokabank’s assets grow by 14.2% in 2009
3 Trustbank opens new branches in regions
3 Assets of Bank Samarkand make up 23bn soums
3 UZ-AIG to be renamed into Chartis Uzbekistan
3 ADB strengthens business processes to boost quality, responsiveness of work
4 Alokabank to float 14th emission of long-term securities for 50bn soums
4 State Tax Committee holds seminar to consider tax policy directions for 2010
5 Agrobank develops ties with the Asian Development Bank
5 Aggregate capital of Microcreditbank reaches 161.5bn soums
4 IPO and M&A
5 Legislation news
6 UzSE
7 Uzbekistan financial stocks performance
8 AFS-Research productline
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In this issue:
2 Upcoming events
2-4 Industry News
2 Alp Jamol Bank's owned capital makes up 14.6 billion soums as of 1 Dec
2 Moody's upgrades Alokabank's long-term foreign currency deposit rating to B2
2 Long-term foreign currency deposit rating of Ipoteka-Bank upgraded to B2
3 E+ BFSR and Not Prime short-term deposit ratings of NBU remain unchanged
3 Moody's upgrades Qishloq Qurilish Bank's long-term local currency deposit rating
3 Asaka Bank's long-term local currency deposit rating upgraded to Ba3
3 CSB's long-term foreign currency deposit rating upgraded to B2
3 Bank Samarkand approves its charter capital
4 EBRD extends $5 million credit to Hamkor Bank for micro financing
4 Bukhoro Tadbidkori credit union's credit portfolio grows by 78% in Jan-Oct
4 Kapitalbank to place shares for 10bn soums
4 IPO and M&A
5 International News
5 Legislation news
6 UzSE
7 Uzbekistan financial stocks performance
8 AFS-Research productline
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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-Oct4 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
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In this issue:
2 Upcoming events
2-4 Industry News
2 Over 12 months passed since CIVOCL introduced in Uzbekistan
2 Senate approves law amendments to allow banks issue corporate bonds
2 Uzbekistan’s budget surplus for 2009 could come to 0.1% of GDP, against planned deficit of 1%
3 EBRD issues 1.4 million euro loan to Marwin Brands to improve production
3 Infin Credit proposes new credits for businesses, individuals
3 Uzbekistan to attract 18.2 trln soums into fixed capital
3 Turon Bank proposes depository certificates
3 Bank Samarkand places shares for 5.3bn soums
4 Over 12 months passed since CIVOCL introduced in Uzbekistan
4 IPO and M&A
5 International news
5 Legislation news
6 UzSE
7 Uzbekistan financial stocks performance
8 AFS-Research productline
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In this issue:
2 Upcoming events
2-4 Industry News
2 CBU, IFC hold media-training on credit history
2 IFC, Swiss government to expand access to finance in Uzbekistan
3 Kapitalbank opens new branch in Samarkand
3 Uzbek Finance Minister meets with ADB President Haruhiko Kuroda
3 Credit Standard Bank launches two mini banks in Tashkent
3 New project to strengthen financial market infrastructure in Uzbekistan
3 InFinBank’s assets reach 80 bn soums
4 Qishloq Qurilish Bank extends international cooperation
4 Senate approves state budget of Uzbekistan for 2010
4 IPO and M&A
5 News in brief
5 Legislation news
6 UzSE
7 Uzbekistan financial stocks performance
8 AFS-Research productline
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