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Moody's upgrades Asia Alliance Bank's rating to B2   22.12.2016 12:20:06 • "UzReport"
On December 20, 2016 Moody's Investors Service upgraded the long-term local and foreign currency deposit ratings of Asia Alliance Bank to B2 from B3. At the same time the rating agency has also upgraded the bank's baseline credit assessment (BCA) / adjusted BCA to B2 from B3, its long-term Counterparty Risk Assessment (CR Assessment) to B1(cr) from B2(cr) and affirmed short-term local- and foreign-currency deposit ratings of Not-Prime and its short-term CR Assessment of Not-Prime(cr).
 
In 2017, Uzbekistan expects further liberalization and improvement of monetary policy, development of domestic foreign exchange market and improvement of its efficiency, improvement of conditions for foreign economic activity of business entities. It follows from the draft Decree of the President of the Republic of Uzbekistan "On priority directions of monetary policy", published on the Portal of SEILA (System of evaluation of impact of legislative acts) for public comment.
 
Head of CB opens virtual reception   24.11.2016 16:48:27 • "UzReport"
Chairman of the Central Bank of the Republic of Uzbekistan Faizulla Mullajanov opened virtual reception.
 
Moody's affirms Uzbekinvest's rating   24.11.2016 14:41:26 • "UzReport"
In November 2016, international rating Agency "Moody's Investors Service Ltd" (UK) has affirmed its international financial stability rating for National Export-Import Insurance Company Uzbekinvest at the level Ba3 with "Stable" outlook.
 
Uzpromostroybank Joint-Stock Commercial Bank prioritises financial support to small business and private entrepreneurship. Its bank loans help expand the volume of local products, bring new jobs and promote Uzbek manufacturers internationally.

 






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