For students of the 1st Year of the Renaissance University of Education, a practical” master class “was held by the Joint-Stock Commercial Bank of the National Bank of foreign economic activity of the Republic of Uzbekistan. Through this, students had the opportunity to practically test the theoretical knowledge they had acquired in their lecture classes.

For reference: the National Bank of foreign economic activity of the Republic of Uzbekistan was established in September 1991-Yul. It was also restructured in the form of a Joint-Stock Company Uznyliybank based on the decision of the president of the Republic of Uzbekistan “on measures to reorganize the Unitary Enterprise” National Bank of foreign economic activity”in the form of a joint-stock company " PQ-4540 of November 30, 2019. This bank is the founder of Uznyliybank JSC on behalf of the Ministry of Economy and finance of the Republic of Uzbekistan and the state fund for Reconstruction and development of the Republic of Uzbekistan.

At the meeting, listeners were informed in detail that they are looking for loans, deposits, currency exchange, international transfers and other services offered to them. In particular, the adoption of resolution PQ-4611 “on the transition to International Financial Reporting Standards”of February 24, 2020 by the president in our republic indicates that accounting reports must be gradually adjusted to the requirements of International Financial Accounting Standards (IFRS).

At the end of the interview, employees of the National bank of foreign economic activity of the Republic of Uzbekistan gave the students their advice and recommendations. The event was rich in questions and answers and useful to all.