OREANDA-NEWS. May 19, 2008. In order to reduce the off-bank circulation of cash, the divisions of the National Bank of Uzbekistan for Foreign Economic Activity (NBU) have continued their work to attract depositors and increase the balance of funds on their accounts through constant improvement of the products offered and integration of new ones that satisfy the needs of the citizens to the maximum, reported the press-centre of NBU.

The bank`s activity in the first quarter this year has allowed it to increase the volume private, individual deposits to 233,2 billion soums against 197,6 billion soums in the same period of the previous year.

In order to further stimulate the deposition of idle funds of the population in banks, starting early 2008 seven new types of deposits in national currency for individuals were introduced with varying deposit terms and interests rates offered ranging from 25% to 30% pa and six deposits in foreign currency, including three in US dollars and three in euros.