Seminar discusses issues on interbank electronic credit market

Published: 25 August 2005 y., Thursday

Uzbek Banking Association held a seminar-training “Development of interbank electronic credit market and indices of interbank market: UZIBOR, UZIBID and UZIAR” on 25 August.

Saydullo Abdullaev, director-general of Uzbek Banking Association, opened the seminar.

Representatives of the Uzbek commercial banks, which signed memorandum on formation of interbank market indicesm participated at the seminar.

Currently 17 Uzbek commercial banks signed the memorandum. They are Asaka Bank, Uzpromstroybank, People’s Bank, Pakhta Bank, Ipoteka Bank, Capital Bank, UT Bank, Uztadbirkorbank, Turonbank, Uzprivatbank, Ravnaqbank, Gallabank, Trust Bank, Khamkor Bank and Universal Bank.

Within the framework of the seminar, presentation of UZIBOR, UZIBID and UZIAR was held for new participants of the system. After presentation the participants discussed issues on improvement of calculation indices and furter development of interbank electronic credit market.

Šaltinis: UzReport.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Iran-Russia power transit line to become operational this year

Iran’s electricity transit line to Russia via Azerbaijan Republic will be partly inaugurated in the next Iranian year starting March 21, 2005 more »

Hungarian Economy Grew 3.7% in Fourth Quarter

Hungary's economy probably grew 3.7 percent in the fourth quarter as rising exports outweighed slowing consumer spending, a survey of economists showed more »

Polish official says rates won't be slashed

A senior official from Poland's central bank warned markets Monday expectations for sharp falls in interest rates this year were misplaced more »

Investment treaty with Finland in final stages

Finland has asked Pakistan to early finalize a bilateral investment agreement to help Nokia phone company to invest $200-300 million during 2005 in the country more »

Russia signs nuclear fuel deal with Iran

Russia is to supply Iran with nuclear fuel for its Bushehr reactor more »

Kazakh budget deficit may rise to 1.9 pct/GDP

Kazakhstan's 2005 budget deficit could widen to 1.9 percent of gross domestic product from 1.7 percent after increases in social spending promised by the president more »

German bank may issue 2 bln euro credit to Ukraine

Deutsche Bank and Ukraine’s oil and gas company Neftegaz are drafting an agreement on a credit of up to two billion euros for an energy project to overhaul the Ukrainian gas transportation network more »

IMKON CREDIT UNION LAUNCHES TWO CONSUMER CREDITING PROJECTS

Imkon credit union (Uzbekistan) launched two more new consumer crediting projects in cooperation with local companies on 21 February more »

Spain, Cyprus, Latvia, Lithuania, Slovenia, the UK

Commission assesses the stability and convergence programmes of Spain, Cyprus, Latvia, Lithuania, Slovenia and the United Kingdom more »

Russia to pay some of its debt to Finland ahead of schedule

Russia has expressed a desire to pay off ahead of schedule its USD 44 billion debt to the 19 creditor countries of the so-called Paris Club, including Finland more »