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Finance 15/10/2015 Adopted laws have created new opportunities by means of UzLiDeP
Adopted laws have created new opportunities by means of UzLiDeP
Tashkent, Uzbekistan (UzDaily.com) -- The Executive Committee of the Political Council of UzLiDeP and the Central Bank of Uzbekistan held a seminar dedicated to improve the efficiency of cooperation with banking and financial institutions to support and develop small business and private entrepreneurship on October 15, 2015.

It was attended by deputies and members of UzLiDeP, representatives of Central Bank of Uzbekistan and commercial banks, electorates and party activists.

It was emphasized that the implementation of systemic and integrated measures in the banking sector has become an important factor in ensuring the stable growth of the national economy. Due to the measures, the modern financial model was created, which meets international standards.

UzLiDeP faction takes into account the interests of the party electorate while adopting the law for development of banking activity as well as the Party believes that the development of banking services will help to the further development of market economy and free competition.

One practical example, the law “On private banking and financial institutions and guarantees of their activity” was adopted three years ago with the participation of the party, where the document clearly determines list of guarantees to banks and financial institutions during their activity. This law helped to create of equal conditions to private banking and financial institutions, established ban for illegal interference to their activity by the state controlling bodies.

These measures have expanded the competition and improved quality of services to clients in banking and other financial services market by creating conditions for developing modern market infrastructure with the international standards.

It was highlighted that deputies of UzLiDeP will continue to support of commercial banks aimed at modernization of the real sector of the economy, their technical and technological re-equipment. In conditions of crisis tendencies in the world economy it will achieve not only high economic growth, but also the continuation of macroeconomic stability in the country.

During the seminar participants received detailed information about the existing preferences, procedures and conditions of loans to entrepreneurs and they received answers from the professionals to their questions.

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