Karimov Abdulaziz im-82i Money and Banks Intermediate control



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bank and non-bank system

PROPERTY RESPONSIBILITY OF THE PARTIES AND RESOLUTION OF DISPUTES

PROCEDURE


    1. The Bank has the right to demand the return of unpaid funds under this agreement, payment of all accrued interest and other additional claims, as well as compensation for all losses and damages to the bank through the debtor's salary, other cash and other liquid assets.



    1. The borrower is responsible for all functions related to the borrower's MBX (remote banking service) functions and the use of online microcredit funds.



    1. In case of non-fulfillment or untimely fulfillment of obligations on online microcrediting, the Bank of the Republic of Uzbekistan at the time of violation

must pay a one-time fine in the amount of 10% of the basic calculation amount in force in the territory.


    1. Liability of the Bank and the Borrower not provided for in this Agreement

measures shall be taken in accordance with the legislation of the Republic of Uzbekistan.

    1. The Bank and the Borrower shall endeavor to settle all disputes arising out of or in connection with this Agreement through bilateral negotiations. If the dispute is not resolved amicably, then the dispute must be resolved in the relevant civil court of the Republic of Uzbekistan at the place of state registration of the Bank.

    2. Except as otherwise provided in this Agreement and the General Conditions, the Bank and the Borrower shall be governed by the laws of the Republic of Uzbekistan.

https://tbcbank.uz/uz/product/kredity


3.
a) The two institutional investors – IFC and EBRD – are planning to acquire stakes of up to 20 per cent each in TBC UZ. The investments will support the continued operational growth of this newly established private market player and promote international standards of corporate governance in the sector. The first subscription will be US$ 9.4 million for each of the two investors, with an intention to support future capital increases during 2022-2024 years. http://tashkenttimes.uz/business/7640-ifc-and-ebrd-to-buy-stakes-in-tbc-bank-uzbekistan
c) If you are comfortable with "locking in" your money for a particular period, then a Term Deposit is the best way to save while getting the highest guaranteed interest rate.
The highest interest rates will be accrued on an amount that is deposited for a certain term. You can get the interest at the end of deposit term, as well as at the end of each month or even beforehand, on the opening day of the Term Deposit.

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