OREANDA-NEWS. January 9, 2008. In line with the decision of the Board of the Central Bank of the Republic of Uzbekistan changes have been introduced to the Regulation "On the procedures of registration and licensing of banks" registered by the Ministry of Justice on December 13, 2007, Uzbek Industrial Construction Bank's press service reported.

According to the decision, starting January 1, 2008, the minimum required equity capital for the newly opened commercial banks is established at 5 million euros, and for private banks – at 2.5 million euros or their equivalent according to the exchange rate quoted by the Central Bank on the day when the founders formalize the decision to set up the bank.