The regional administration of Bukhara, the capital of the Bukhara province of Uzbekistan, hosted a press conference last week on the development of the region.
Press Secretary Akbar Rustamov told reporters that the state-run Halk Bank has 12 branches in the region, 11 mini-banks, 85 specialty products for utility payments and 51 special ticket windows.
Halk Bank provides commercial banking and savings services as well as retail loan services.
Based in Tashkent, the bank operates as a subsidiary of Turkey's Halk Bankasi, the seventh-largest bank in Turkey in terms of assets.
Bukhara is the nation's fifth-largest city, with a population of 263,400. The city's economy is based on a number of food and light industrial enterprises, including a large works processing Karakul lambs' fleece.
The city's importance has also grown because it is the largest city in a natural gas region. Tourism also contributes to the local economy.
More Stories
- EUROPEAN INVESTMENT BANK: Bosnia and Herzegovina: EIB provides €340 million to advance works on northern part of Corridor Vc
- ABN AMRO SERVICES COMPANY: Fempower Your Growth: like tindering with female entrepreneurs
- EUROPEAN INVESTMENT BANK: Egypt: Team Europe - EIB and Banque Misr work together to support private businesses and speed up the recovery of SMEs from COVID-19
- ASIAN DEVELOPMENT BANK: ADB, NNS Sign Loans to Build Milestone Solar Power Project in Uzbekistan
- ASIAN DEVELOPMENT BANK: $123 Million ADB Loan to Help Build Elevated Walkways in Manila
- EUROPEAN INVESTMENT BANK: Germany: EIB provides €15 million of funding to IDnow
- ASIAN DEVELOPMENT BANK: CAREC Endorses Long-Term Strategy to Promote Safe, Sustainable, and Inclusive Tourism
- EUROPEAN INVESTMENT BANK: EIB Group provides €150 million to support artificial intelligence companies
- ASIAN DEVELOPMENT BANK: ADB Approves $430 Million to Help Rehabilitate Power Distribution Networks in Uttar Pradesh, India
- EUROPEAN INVESTMENT BANK: Greece: EIB backs EUR 470 million road safety scheme