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Correspondent relations

One of the components of the development strategy of the Bank is to establish correspondent relations actively and to increase the number of the counterparties both in the internal and in the external market.

Efficient liquidity management is important condition for building up the correspondence relations. It is implemented by regulating the balances of the funds on the correspondent accounts of the Bank and those of the branches and by carrying out operations for raising and for allocating the funds in the financial markets and by carrying out operations in the securities market.


In doing so, Hamkorbank follows the following principles:

  • Perfect settlements system;
  • Transparency, reliability and stability of correspondent banks;
  • Minimum commissions in making payments at the shorter periods;
  • Loyalty and suitability of the network of correspondents for the business interests of the clients;
  • Guarantee of effective and reliable allocation of balances of  available funds.


The Bank operates in unison with foreign economic policy, which is aimed at increasing the export potential of the country. Based on the abovementioned, the top priority task of the Bank is to finance exporter-customers and the companies participating in the government program for localization участвующих в Государственной программе локализации.

The attraction of the exporter-customers will enable to raise the turnover of foreign exchange operations and to increase the volumes of the trade finance.

 

Correspondent banks:

# Name Country Year in which corr. account was opened
1 NBU Uzbekistan 1999
2 Russlavbank Russia 2004
3 Bank "Ipak Yuli" Uzbekistan 2005
4 Kapitalbank Uzbekistan 2005
5 Commerzbank AG Germany 2005
6 Raiffeisen Bank International AG Austria 2005
7 Anelik bank Russia 2005
8 Promsvyazbank Russia 2007
9 Uzpromstroybank Uzbekistan 2007
10 Asia Invest Bank Russia 2009
11 VTB Bank Russia 2009
12 Novikombank Russia 2014