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RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of October 31, 2008 No. PP-991

About carrying out among commercial banks of the republic of tender on attraction of deposits of the population

For the purpose of additional stimulation and activization of activities of commercial banks for attraction of free money of the population in deposits in banks, strengthenings of resource base of banks for further expansion of their investment opportunities, and also improvement of quality of the bank and financial services rendered to the population:

1. Agree with the offer of the Central bank of the Republic of Uzbekistan, Banking association of Uzbekistan and commercial banks on carrying out annually in January following the results of the expired year among commercial banks of the republic and their branches of tender on attraction of deposits of the population.

2. Determine that:

all commercial banks of the republic and their division (branches, mini-banks, savings and special banks) can take part in tender;

winners of tender the commercial banks, branches, mini-banks, savings or special banks which gained following the results of year the highest point by rating assessment are recognized;

the prize fund of tender is created at the expense of means of the commercial banks participating in tender and Banking association of Uzbekistan.

3. For the organization of carrying out annual tenders among commercial banks on attraction of deposits of the population, summing up and determination of winners to form organizing committee in structure according to the appendix N 1.

4. Approve Regulations on procedure for carrying out among commercial banks of tender on attraction of deposits of the population and encouragement of his participants according to the appendix N 2.

5. (Mullazhanov F. M.) to provide to organizing committee:

in two weeks bringing procedure for carrying out and conditions of tender to commercial banks;

forming of the necessary size of prize fund and objective determination of winners of tender.

6. National broadcasting company of Uzbekistan, to mass media together with organizing committee to provide extended coverage of the course of carrying out and results of tender.

7. To impose control of execution of this resolution on the First Deputy Prime Minister of the Republic of Uzbekistan Azimov R. S. and the Chairman of the Central bank Mullazhanov F. M.

 

President

Republic of Uzbekistan I. Karimov

Appendix No. 1

to the resolution of the President of the Republic of Uzbekistan of October 31, 2008 No. PP-991

Structure of organizing committee for carrying out among commercial banks of tender on attraction of deposits of the population

1. Mullazhanov F. M. - Chairman of the Central bank, chairman of organizing committee

2. Abdullaev S. P. is the CEO of Banking association of Uzbekistan, the vice-chairman of organizing committee

3. Ziyaev G. M. is the first deputy chairman of National broadcasting company of Uzbekistan

4. Rofiyev K. T. - First Deputy Chairman of the Central bank

5. Zaripov B. K. - vice-chairman of the Central bank

6. Haydarov Sh. H. - vice-chairman of the Central bank

7. Nigmatov U. U. - the director Fonda of guaranteeing deposits of citizens in banks

8. B. T. Kyrgyz - director of the department of licensing and regulation of activities of credit institutions of the Central bank

9. On position - chairmen of boards of commercial banks

Note. In case of job change of members of organizing committee its structure joins persons who are again appointed to these positions.

Appendix No. 2

to the resolution of the President of the Republic of Uzbekistan of October 31, 2008 No. PP-991

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