National Bank of Uzbekistan

Bank in Uzbekistan

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National Bank for foreign economic activity of the Republic of Uzbekistan


Company type	Joint Stock Company
Founded	1991; 33 years ago (1991)
Headquarters	Tashkent , Republic of Uzbekistan
Key people	Alisher Mirsoatov
Net income	983,32 billion soum (01.01.2022)
Total assets	89 919,41 billion soum (01.01.2022)
Total equity	14 584,59 billion soum (01.01.2022)
Number of employees	5823
Website	www.nbu.uz/en

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.

History

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.

Ratings

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-
Standard & Poor's	Short-term rating

References

^ "The Governmental portal of the Republic of Uzbekistan - National Bank for Foreign Economic Activity of the Republic of Uzbekistan". 2013-04-11. Archived from the original on 2013-04-11. Retrieved 2024-02-17.