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    Kazakhstan

    Central Bank of Uzbekistan meets with Halyk and Tenge Bank to discuss sector development

    Central Bank of Uzbekistan meets with Halyk and Tenge Bank to discuss sector development

    Representatives from the Central Bank of Uzbekistan convened with the management of Halyk Bank and Tenge Bank in a meeting to discuss the current state and future prospects of the banking sector in Uzbekistan, Central Bank of Uzbekistan reported on March 15.

    During the meeting, a comprehensive review of Tenge Bank's performance in Uzbekistan was conducted, shedding light on its achievements and outlining plans for future endeavors. The management of Halyk Bank commended the substantial reforms undertaken and the dynamic growth observed within Uzbekistan's banking industry, underscoring its strategic significance in fostering the progress of Tenge Bank.

    Particular attention was drawn to Tenge Bank's forthcoming initiatives aimed at broadening its range of banking products. In particular, the bank intends to introduce modern digital instruments tailored to facilitate financing for small and medium-sized enterprises (SMEs), leveraging its extensive experience in the Kazakhstan market.

    Additionally, discussions centered around enhancing collaboration between the Central Bank and the banking sector to further strengthen the financial landscape. Representatives from the Central Bank reiterated their commitment to fostering cooperation within the banking industry, signaling a willingness to deepen ties and explore opportunities for mutual benefit.

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    16.03.2024, 02:18   Comments (0)   1886
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