Description: Two Are Better Than One : Leveraging Resources across Advisory Business Lines

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Two Are Better Than One : Leveraging Resources across Advisory Business Lines

In 2008, Uzbekistan significantly improved its rank in the doing business 'getting credit" indicator, moving up 38 positions from the previous year, and by July a draft law titled, 'On Sharing Credit Information," which meets be...

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Bibliographic Details
Main Authors:	Nasibov, Arif, Khodjaev, Elbek
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCESS TO FINANCE ADVISORY SERVICES BANKS BUSINESS ENABLING BUSINESS ENABLING ENVIRONMENT CENTRAL BANK CONSUMERS COUNTERPART COUNTERPARTS CREDIT ANALYSIS CREDIT BUREAU CREDIT BUREAUS CREDIT INFORMATION DEVELOPING COUNTRIES ECONOMIC GROWTH FINANCIAL ANALYSIS FINANCIAL COMPANIES FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL MARKETS GENDER HOUSING HOUSING FINANCE HUMAN RESOURCE IFC INFORMATION SYSTEMS INSTITUTIONAL CAPACITY INTERNATIONAL STANDARDS LEASING LEGAL ASSISTANCE LIQUIDATION MARKET ECONOMIES MARKET REGULATORS MEDIUM ENTERPRISES MEETING NEGOTIATIONS PRIVATE CREDIT PRIVATE CREDIT BUREAUS REGULATORY FRAMEWORK RESOURCE MANAGEMENT RESPONSIBILITIES RISK MANAGEMENT SENIOR STAKEHOLDERS TAX TRAININGS
Online Access:	http://documents.worldbank.org/curated/en/2009/05/10652935/two-better-one-leveraging-resources-across-advisory-business-lines http://hdl.handle.net/10986/10544

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Summary:	In 2008, Uzbekistan significantly improved its rank in the doing business 'getting credit" indicator, moving up 38 positions from the previous year, and by July a draft law titled, 'On Sharing Credit Information," which meets best international standards, was developed by a six-member working group, including International Finance Corporation (IFC) staff and two regulators from the Central Bank of Uzbekistan (CBU). Pending the draft law's passage by the Parliament of Uzbekistan, this major achievement will significantly improve the still-developing regulatory environment in this sphere. These results were achieved thanks to a common approach and efforts of two IFC advisory services projects: the Uzbekistan Business Enabling Environment Project (UzBEE) and the Azerbaijan Central Asia Leasing Facility (ACALF) Project. In this smart lesson, the authors describe experience in carrying out joint activities between two different IFC projects and the lessons learned for how to assure successful cross-project collaboration by building an enthusiastic team and assigning clear objectives to individuals.