Kazakh Development Bank to open its office in Uzbekistan

KAZINFORM June 12 Kazakhstan Development Bank will open its office in Uzbekistan, a special resolution of Uzbekistan Cabinet reads. Uzbekistan Central Bank is recommended to register Kazakhstan Development Bank's mission for the purpose of widening cooperation in banking and investment spheres and integration of Kazakhstan and Uzbekistan's national economies. Uzbekistan numbers representations of eight foreign banks such as Bankgezeltchaft Berlin AG, Drezdnerbank AG and Commerzbank AG (Germany), РAREX Banka (Latvia), National Bank of Pakistan (Pakistan), JP Morgan-Chaze Bank (the US), Sosiete General Bank (France) and Credit Suisse Bank (Switzerland).