Tuesday 15, April 2008 by

Moody’s publishes first reports on Uzbekistan’s banking system

Uzbekistan’s nascent banking system benefits from the relative stability of the steadily improving regulatory environment and the system’s growth potential, but is constrained by structural weaknesses, the state’s dominance in the system’s ownership, the volatility in the operating environment and banks’ financial fundamentals and limited competitiveness, says Moody’s Investors Service in its first ‘Banking System Outlook’ report for Uzbekistan.

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