THE NATIONAL BANK

FOR FOREIGN ECONOMIC ACTIVITY

OF THE REPUBLIC OF UZBEKISTAN

Speaker:
Yusupov Bakhrom
First Deputy Chairman
 BANKING-FINANCIAL SYSTEM
OF UZBEKISTAN

CENTRAL BANK
OF UZBEKISTAN

30 commercial banks:

3 state-owned banks 11 joint stock banks

6 joint venture banks 10 private banks

About 5000 banks’ branches

(incl. mini-banks, cash offices)

• Fund for Reconstruction and Development

• 30 Leasing & Investment companies

 ASSETS AND CAPITAL
OF BANKING SYSTEM OF UZBEKISTAN
IN 2011
DEVELOPMENT OF BANKING-FINANCIAL
SECTOR OF UZBEKISTAN

↑40% ↑34.4%

↑38.2% ↑50%
 RATINGS BY
INTERNATIONAL RATING AGENCIES

“Ba3” “B”
“STABLE” OUTLOOK “STABLE” OUTLOOK
 BRIEF INFORMATION ON
NATIONAL BANK OF UZBEKISTAN

Main activity directions: Wide correspondent In Uzbekistan:

project finance, network: over 670 90 branches and
corporate & retail correspondent banks 110 mini-banks
banking, investment in 80 countries
activity

NBU is among Subsidiary bank in

Retail and the world’s 1000 biggest Moscow –
corporate banks according to “Asia Invest Bank”
clients: over “The Banker” magazine
2,5 mln.
 Main figures of NBU

Figure 2010 2011

UZS USD UZS USD

Assets 7,02 trl 4,3 bln 7,9 trl 4,5 bln

Capital 746,2 bln 455,1 mln 843,9mln 470,1 mln

Credit portfolio 3,7 trl 2,39 bln 4,1 trl 2,3 bln

Net profit 30,3 bln 18,5 mln 32,9 bln 18,4 mln

Capital adequacy 25,4% 26,8%

 Credit lines

Credit lines extended in favor of NBU from

foreign banks and IFI

• IDB - 30 mln. USD

• ICD (Islamic Corporation) – 15 mln.USD
• ADB - 120 mln. USD
• CDB – 155 mln. USD
• Eximbank Korea – 60 mln. USD
• IFC - 15 mln. USD
• KfW - 15 mln. USD
• Landesbank Berlin AG - unlimited
 FINANCING OF NAC “O’ZBEKISTON HAVO
YULLARI” (UZBEKISTAN AIRWAYS)

- 5 «Boeing-767-300ER»
- 2 «Boeing-757-200»
- 3 «Airbus А-310»
- 4 «IL-114-100» - credits on the organization of
- 6 «Airbus А-320-200» production of component and spare
- reconstruction of parts for the automobiles of General
international airports of
Tashkent and Navoi Motors Uzbekistan
 THE ROLE OF NBU IN DEVELOPING
STRATEGICALLY IMPORTANT PROJECTS

- modernization and construction strategically important projects of

Uzbekistan

- participation in development of the key spheres of economy

•Modernization of Navoi thermal power-station

•Construction of Bukhara oil refinery
•Reconstruction of Fergana oil refinery
•Supplying mining equipment to Navoi Mining and Metallurgy Works
 2008: NBU FOUNDS SUBSIDIARY
INVESTMENT COMPANIES

Reasons of the establishment of 2 companies:

- Big number of projects: over 40
- Diversification: projects distributed by industry
- NBU Invest Group is open for M&A with an international investment companies

Activity goals of NBU Invest Group and NBU Investment:

Introduction of international experience and standards for implementation of the

following integrated arrangements:

- restructuring enterprises of the Republic of Uzbekistan;

- asset management;
- ensuring effectiveness of productive activities;
- ensuring production of competitive export-oriented products;
- creation of additional jobs;
- selling industrial enterprises to strategic investors.
 NBU’S TWO INVEST COMPANIES:
AGGREGATE FIGURES

Enterprises under management: 45 Agro Processing and Food Industry: 14

Investments: USD 51,4 mln Construction materials: 9

Created employment: 5837 Hotel and Tourism services: 4

Tanning: 1
Production: USD 119,2 mln
Textile: 13
Export: USD 33,3 mln
Pulp and paper industry: 2

Under reorganization: 2
 PROJECT FOR ILLUSTRATION:

ASIA PIPEPLAST SOGDIANA FRESCO ANGREN KAOLIN

PIPEPLAST Production capacity: juice
Production capacity: Production capacity:
583km of CC-GRP concentrate 930 tones /year,
Production capacity: 200 000tn/year of
(centrifugally cast glass puree 300 tones /year, wine
4000tn/year of kaolin
fiber reinforced pipes) per material 2800 tones /year
polyethylene pipes Equipment: AKW
year, diameter 200 mm - Equipment: Bertuzzi, Fata (Germany)
Equipment: Krauss
2400 mm Engineering, Metro (Italy),
Maffei (Germany)
Equipment: Hobas Flottweg (Germany), Koch
(Germany) (USA)
 CONTACTS

NATIONAL BANK OF UZBEKISTAN

www.nbu.com

NBU INVEST GROUP

www.nbuig.uz
info@nbuig.uz

NBU INVESTMENT
www.nbuic.uz

info@nbuic.uz
THANK YOU FOR ATTENTION!