National Bank for foreign economic activity of the Republic of Uzbekistan | |
Type: | Joint Stock Company |
Location City: | Tashkent |
Location Country: | Republic of Uzbekistan |
Key People: | Alisher Mirsoatov |
Net Income: | 983,32 billion soum (01.01.2022) |
Assets: | 89 919,41 billion soum (01.01.2022) |
Equity: | 14 584,59 billion soum (01.01.2022) |
Num Employees: | 5823 |
National Bank of the Republic of Uzbekistan for Foreign Economic Activity' Joint Stock Company (Uzbek National Bank or NBU RUz) (uzbek - O‘zbekiston Respublikasi Tashqi iqtisodiy faoliyat milliy banki), same as the National Bank of Uzbekistan (NBU) is universal commercial bank of Uzbekistan.
It was established by Islam Karimov on September 7, 1991.[1] The bank started its operations on October 7, 1991. The staff amounted to one hundred positions. The first office of the National Bank was located at 23, Akhunbabayeva street.
The NBU is a credit and financial institution of the country rated by such international agencies as Moody’s Investors Service and Standard & Poor’s. The receiving and confirmation of high marks from leading international rating agencies remains relevant and important for the NBU.
December 24, 2018, was marked by an increase in long-term credit rating by Standard & Poor’s international rating agency from 'B+' to 'BB−'.
Credit ratings (as of 1 July 2019) | ||
---|---|---|
National Bank of Uzbekistan | ||
Agency | Rating | Evaluation |
Moody’s | The outlook for all ratings | Stable |
On deposits in national currency | B1 | |
On deposits in foreign currency | B2 | |
Financial stability of the bank (BFSR) | E+ | |
Standard & Poor's | Long-term rating | BB- |
Short-term rating |