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RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of February 12, 2018 No. 108

About approval of the Charter of National Bank of foreign economic activity of the Republic of Uzbekistan

According to the resolution of the President of the Republic of Uzbekistan of November 13, 2017 "About measures for further enhancement of activities of National Bank of foreign economic activity of the Republic of Uzbekistan" the Cabinet of Ministers decides No. PP-3383:

1. Approve:

The charter of National Bank of foreign economic activity of the Republic of Uzbekistan according to appendix No. 1;

structure of Council of National Bank of foreign economic activity of the Republic of Uzbekistan (further - Council) according to appendix No. 2.

2. To provide to National Bank of foreign economic activity of the Republic of Uzbekistan in the procedure established by the legislation registration in the Central bank of the Republic of Uzbekistan of the Charter approved by this resolution.

3. Declare invalid some decisions of the Government of the Republic of Uzbekistan according to appendix No. 3.

4. To impose control of execution of this resolution on the deputy prime minister of the Republic of Uzbekistan S. R. Holmuradov and the chairman of the board of National Bank of foreign economic activity of the Republic of Uzbekistan A. K. Mirsoatov.

Prime Minister of the Republic of Uzbekistan
Abdullah Aripov

Appendix No. 1

to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of February 12, 2018 No. 108

Charter of National Bank of foreign economic activity of the Republic of Uzbekistan

Chapter 1. General provisions

1. This Charter determines the status, the main objectives, functions, the rights and responsibility, procedure for the organization of activities of National Bank of foreign economic activity of the Republic of Uzbekistan (further - Bank), and also the transactions performed by it.

2. Founder of Bank is the Cabinet of Ministers of the Republic of Uzbekistan (further - the Founder).

3. The bank is legal entity in the form of the unitary enterprise founded on the right of economic maintaining has separate balance, can acquire on its own behalf the rights and perform duties, to be claimant and the defendant in court.

The bank owns, uses and disposes of the property belonging to it on the right of economic maintaining, and also other property, acquired (received) during implementation of banking activity and being in property of Bank, according to the procedure, established by the legislation and this Charter.

4. The bank, its branches and representations have seal with the image of the State Emblem of the Republic of Uzbekistan and with the name in state language, and also stamps, forms with the name in the Uzbek, English and Russian languages. The bank has own emblem.

Location of National Bank of foreign economic activity of the Republic of Uzbekistan: city of Tashkent, Ulitsa Istikbol, 23.

E-mail postal address of Bank: info@central.nbu.uz and webmaster@central.nbu.uz.

Trade name of Bank:

in state language: complete - ÷zbekiston Respublikasi Tashki of iktisodiya is faoliit milliya by banks, reduced - ÷zmilliybank;

in Russian: complete - National Bank of foreign economic activity of the Republic of Uzbekistan, reduced - Uznatsbank;

in English: complete - National Bank for Foreign Economic Activity of the Republic of Uzbekistan reduced - NBU.

5. The bank performs the activities on commercial basis.

6. The bank creates in accordance with the established procedure representations, branches, subsidiary banks in foreign countries - economic partners of the republic for the purpose of further development of foreign economic activity and the bilateral relations, expansion on this basis of amounts of support and stimulation of export of products of national producers.

7. The bank at the request of the Government represents the interests of the Republic of Uzbekistan in the relations with banks of other states, the international financial institutions and other financial credit institutions.

8. The bank in the activities is guided by the Constitution of the Republic of Uzbekistan, the laws of the Republic of Uzbekistan, resolutions of chambers of Oliy Majlis of the Republic of Uzbekistan, decrees, resolutions and orders of the President of the Republic of Uzbekistan, resolutions and orders of the Cabinet of Ministers of the Republic of Uzbekistan and other regulatory legal acts of the Republic of Uzbekistan, and also this Charter.

9. The bank does not answer for obligations the Republic of Uzbekistan, the Republic of Uzbekistan does not answer for obligations Bank, except cases when the Republic of Uzbekistan assumes such responsibility.

Chapter 2. Main objectives and functions of Bank

10. The main objectives of Bank are:

implementation of foreign economic activity;

support of small business and private entrepreneurship;

rendering retail banking services;

implementation of innovative and investing activities.

11. The bank according to the tasks assigned to it performs the following functions:

a) in the sphere of foreign economic activity:

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