OREANDA-NEWS. January 21, 2010. The Central Bank of Uzbekistan has issued license to private closed-type joint-stock commercial bank Hi-Tech Bank for carrying out all types of banking operations.

The opening of the new bank with charter capital worth over 5.25 billion soums (51% of stakeholders are individuals) is a vivid example of fulfillment of requirements of the presidential Decree "On measures to stimulate the creation of private joint-stock commercial banks".

Priority directions of Hi-Tech Bank's activity is assisting to deepening of socioeconomic reforms, financing small and private business projects, as well as stimulating the formation of a new class of proprietors in the country.

The bank has been registered in the State Registrar of Commercial Banks. There are 31 commercial banks in Uzbekistan so far.