National Bank of Uzbekistan reorganized into joint stock company

The National Bank for Foreign Economic Activity was reorganized from a unitary enterprise to a joint-stock company.

The founders of the National Bank for Foreign Economic Activity of the Republic of Uzbekistan JSC are the Ministry of Finance and the Fund for Reconstruction and Development.

The main tasks and activities of JSC NBU are as follows:

Lending to major investment projects in priority sectors of the economy with the involvement of foreign credit lines, resources on international capital markets, and funds from foreign investors;

Introduction of innovative financial products to improve the quality and speed of service;

Providing banking services to small businesses and private entrepreneurs, as well as financial advice and information support in matters of foreign economic activity;

Development of retail banking services for the population, introduction of new types of banking services, including the use of information and communication technologies;

Diversification of sources of financing for the bank's activities primarily through the mobilization of long term funds in the national currency;

Development of products and expansion of the business geography of trade and export financing, as well as support for export potential development programs of the Republic, providing consulting services to exporters;

Providing investment banking services to corporate clients, including issuing and placing securities on domestic and foreign markets.