Economics
The Deposit Guarantee Agency of Uzbekistan has studied Armenia's experience in deposit guarantee
A delegation from the Deposit Guarantee Agency of Uzbekistan studied investment portfolio and risk management practices in Armenia.
Section
Economics
Head of Sberbank: Russian business needs help
Sberbank President and Chairman of the Board German Gref stated that the Russian economy has "overcooled" and indicated that the state must transition to a policy of supporting economic growth and investment. According to him, for a turnaround to occur in the economy, market rates need to fall to the range of 10–12 percent.
Gas and oil production decreased, electricity and gasoline generation increased in Uzbekistan
In January–July, Uzbekistan reduced gas production by 15%, oil by 2.7%, gas condensate by 15%, and coal by 9.5%. At the same time, electricity generation increased by 6.4%, and gasoline production by 8.9%. In July, a recovery was observed across a number of indicators following a weak June.
ABB to become the majority shareholder of Davr Bank in 7–10 days
Azerbaijan's ABB Bank is finalizing the acquisition of Davr Bank in Uzbekistan and plans to launch the ABB Davr brand as early as October 2026.
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