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Finance 12/02/2014 Standard and Poor’s affirms credit ratings of Khalq Bank
Standard and Poor’s affirms credit ratings of Khalq Bank
Tashkent, Uzbekistan (UzDaily.com) -- International rating agency Standard and Poor’s affirmed international credit ratings of Khalq Bank (People’s Bank) of Uzbekistan at the level of B+/B in January 2014. The outlook is stable, the press service of the Uzbek bank said.

The bank said that experts of Standard and Poor’s studied activities of the banks of Uzbekistan, policy of the Government on strengthening financial system and activities of the People’s Bank, its strategy and results in 2013 and affirmed the ratings of Khalq Bank.

Khalq Bank has largest branch network in Uzbekistan. Its strategic goal is to improve quality of services and became competitive large bank of Uzbekistan, ensure investment attractiveness, etc.

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