NBU meaning in Banking ?

Answer:

What is National Bank of Uzbekistan mean?

National Bank of the Republic of Uzbekistan for Foreign Economic Activity' Joint Stock Company (Uzbek National Bank or NBU RUz) (uzbek - O‘zbekiston Respublikasi Tashqi iqtisodiy faoliyat milliy banki), same as the National Bank of Uzbekistan (NBU) is universal commercial bank of Uzbekistan. It is the largest bank of Uzbekistan in the volume of assets combining the functions of project financing, universal commercial, investment and savings banks.

The principal business of the Bank focuses on the policy of the Government of the Republic of Uzbekistan within international economic relations, promotion in development and strengthening of economic cooperation with other countries, expansion of the Republican's export potential, improvement of exports and imports of goods and services, operation of foreign economic activity, collection of foreign exchange funds, protection of foreign exchange interests

The bank promotes and actively supports economic reforms ongoing in the Republic of Uzbekistan due to its large-scale infrastructure.

reference

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