OREANDA-NEWS. On January 08, 2007 the Central Bank of Uzbekistan has issued a license to Tashkent-based Invest Finance Bank, an open private joint-stock commercial bank, to carry out all types of banking operations and has registered the new bank in the State Registrar of Commercial Banks, reported the press-centre of Central Bank of Uzbekistan.

Opening of the new bank with the charter capital worth 3,12 billion soums, 51% of which belong to individuals, is a bright example of implementation of requirements set by the Presidential Decree "On measures to stimulate the creation of private joint-stock commercial banks".

Priority directions of Invest Finance Bank are assistance to socio-economic development, financing of medium and small enterprises, as well as stimulation of formation of a new class of proprietors in the country.