Regulatory Alerts2008-11-10 | ПФ-4051Added
On Further Expanding the Activities of Microcreditbank JSC to Support Business Entities
The President of Uzbekistan approved an additional capital injection of 72 billion Uzbek som into Microcreditbank JSC, raising its total authorized capital to 150 billion Uzbek som, with contributions distributed among the Ministry of Finance, the Central Bank, and other state-owned financial institutions. The document mandates amendments to the bank's founding decree, including the deletion of specific clauses, the expiration of certain provisions, and the replacement of the year 2011 with 2015 in one section. It further requires the Central Bank to submit legislative amendments to the Cabinet of Ministers within one month and assigns oversight of the decree's implementation to the First Deputy Prime Minister and the Central Bank Chairman.
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