The final report on the automation of the payout process system of Uzbekistan was presented in the Central Bank.

Fund in collaboration with the Central Bank organized a meeting where the Korea IT Consulting (KITC)  with the assistance of Korea Deposit Insurance Corporation (KDIC) and the participation of staff of the Embassy of the Republic of Korea in Uzbekistan presented the final report regarding the joint project aimed at improving deposit payout system in Uzbekistan.

During the presentation, 11 main tasks that were crucial for the realization of the project were presented. These tasks are not only aimed at accelerating the deposit payout period but also strengthening the Fund's IT system and facilitating interaction with the population. Upon conclusion of the report, a discussion took place on the possibility of moving to the next stages of the project where the execution of mentioned 11 tasks is to take place over the coming years.

For reference: In August of this year, the FBOKF, together with KDIC and KITC, launched a project to automate the deposit payout system of Uzbekistan through IT. IT specialists from Korea took part in the project and provided recommendations for the implementation of an appropriate IT system based on the results of an analysis of the deposit guarantee system as well as the current financial and IT environments in Uzbekistan.