UZBEKISTAN: Investments by insurance companies increase

The total volume of investments of Uzbek insurers amounted to 867.547 billion soums (1 USD =3294.74 soums on Feb. 8) in 2016, that is, by 19.3 percent more compared to 2015, the country's Finance Ministry told Trend Feb. 8.

According to the ministry, a major part of the investments (86.3 percent) accounted for banking deposits and securities.

The amount of deposits increased by 15.7 percent up to 390.1 billion soums, investments in securities - by 21.1 percent up to 358.754 billion soums, the ministry added.

The investments made in the statutory funds of enterprises increased by 27.9 percent up to 60.599 billion soums, while in real estate - by 30.9 percent up to 49.465 billion soums. Read the full story

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