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The Central Bank suspends foreign currency transactions of ”Hamkorbank” with legal entities

The Central Bank of Uzbekistan has suspended operations of "Hamkorbank" in foreign currency with legal entities for six months, the press service of the regulator reports.

In accordance with the Law of the Republic of Uzbekistan “On the Central Bank of the Republic of Uzbekistan",in connection with violations of the law on currency regulation,The Central Bank of the Republic of Uzbekistan has suspended operations of "Hamkorbank" in foreign currency with legal entities for six months,"  said the statement.

Joint-Stock Commercial "Hamkorbank" operates in the banking market of Uzbekistan since 1991, with participation of foreign capital. The bank started its work in the city of Andijan. It has formed an extensive network of branches in the past 24 years.


 

 

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