Finance • 06 February, 2019

Kazakh Halyk Bank gets permission to open branch in Uzbekistan

484 timeviewed

Kazakhstan’s Halyk Bank has received prior permission from the Uzbek Central Bank to open a branch in Uzbekistan, the Central Bank’s First Deputy Chairman Timur Ishmetov told in an interview, Trend reports.

"Halyk Bank handed over a document to obtain prior permission to open a bank, but not a license yet. Last week, it received prior permission from the Central Bank, based on which it can begin activities for opening a bank. It is valid for six months and Halyk Bank must prepare a building that meets the requirements and form a capital during the period. If these two requirements are met, it can get a license," Ishmetov said.

Ishmetov also noted that the Georgian TBC Bank has not yet applied to the Central Bank to obtain a license.

"TBC Bank has not handed over documents for obtaining a license. So far, they have expressed an intention to open a bank, have prepared a business plan, they are studying the market, but have not yet handed over the documents," he explained.

TBC announced its intention to enter Uzbekistan in early January.

Last news

Nazarbayev awarded Turkic World Supreme Order

Kazakhstan • 15 October, 2019

The code of Nur-Sultan airport changes

Kazakhstan • 14 October, 2019

Nursultan Nazarbayev arrives in Baku

Politics • 14 October, 2019

Kassym-Jomart Tokayev arrives in Ashgabat

President • 11 October, 2019

The Head of state arrives in Aktau

President • 10 October, 2019

The Head of state holds a number of meetings

President • 10 October, 2019

Tokayev to pay working visit to Turkmenistan

President • 09 October, 2019

Sooronbay Jeenbekov meets with Darkhan Kydyrali

Lifestyle • 09 October, 2019

Askar Mamin pays visit to Semey

Government • 08 October, 2019

President meets Vice President of Bulgaria

President • 07 October, 2019

The Golden man is represented in Malaysia

Lifestyle • 02 October, 2019

Similar news