A meeting was held at the Central Bank with a delegation from Kuwait Investment Co. led by Chairman Mr. Muhammad Abdullah Al-Ali.
In accordance with Article 25 of the Law of the Republic of Uzbekistan "On payments and payment systems", based on the decision of the Board of the Central Bank of the Republic of Uzbekistan dated 20 May 2023, the licenses of 3 payment organizations to carry out payment organizations were recalled and excluded from the register of payment organizations:
TBC Bank Group PLC has signed a Sales and Purchase Agreement (SPA) to acquire the remaining minority share of 49% from the founding shareholders in LLC Inspired, subsidiary operating under the Payme brand in Uzbekistan. Following the acquisition of the minority share of Payme, TBC PLC has become the 100% shareholder of Payme.
A delegation of the Central Bank of the Republic of Uzbekistan took part in an international conference dedicated to the 30th anniversary of the Kyrgyz som in Bishkek.
The National Bank for Foreign Economic Affairs of the Republic of Uzbekistan (NBU) and the Export-Import Bank of China (Eximbank of China) signed an agreement to raise a new credit line in the amount of 2 billion yuan.
Uzpromstroybank has joined the initiative of the United Nations Global Compact. The page of Uzpromstroybank on the official website of the organization details its efforts as a participant in this initiative in ensuring sustainability.
The National Bank for Foreign Economic Affairs of the Republic of Uzbekistan (NBU) and the State Development Bank of China signed an agreement to raise a credit line in the amount of 1.18 billion yuan.
The European Bank for Reconstruction and Development (EBRD) will provide long-term financing in the amount of up to 28 million euros to Uzbekistan Airports JSC for the modernization of airport equipment at Uzbekistan’s international airports.
The European Bank for Reconstruction and Development (EBRD) is supporting the growth of one of Uzbekistan’s leading pharmaceutical distributors, Meros Pharm. The Bank is extending a loan of up to US$23 million to support the company’s working-capital needs for geographical expansion.