Thursday, 01, October, 2026

Finances

The Asian Infrastructure Investment Bank (AIIB) and the Government of Uzbekistan today signed an update to their Multi-Year Rolling Pipeline (MYRP) and a Project Preparation Special Fund (PPSF) grant agreement on the sidelines of AIIB’s 11th Annual Meeting in Doha, Qatar.

The Central Bank has issued recommendations urging commercial banks to weigh borrowers' interests and the possible social consequences when accepting a individual's only permanent home, where they and their family live, as loan collateral.

Consultations between the government of Uzbekistan and the French Development Agency (AFD) took place in Tashkent Friday, the Ministry of Investment, Industry and Trade reported.

The Central Bank has approved a national strategy for the development of financial technology for 2026-2030. Its main goal is to make the country the most attractive jurisdiction in Central Asia for fintech companies by the end of 2030, while expanding individuals' and businesses' access to secure digital financial services.

Agrobank today launched AgroVentures, a $6.1 million venture fund established within the bank under Presidential Decree dated 13.03.2026. The launch took place at ICT Week Uzbekistan 2026, the country's largest technology event, held September 22–25 at CAEx in Tashkent. With it, Agrobank becomes one of the first banks in Uzbekistan to run its own venture investment vehicle.

Uzbek banks' net profit rose by 5 trillion soms, or 68%, year on year, the Central Bank said in a report. Their net profit reached 12.33 trillion soms in January-July 2026, up from 7.33 trillion soms in the same period of 2025.

The Central Bank plans to continue diversifying its international reserves — across asset classes, currencies and counterparties, Governor Timur Ishmetov said today at the first International Public Assets Management Forum in Tashkent.

The Central Bank plans to gradually broaden the range of assets in which the country's international reserves are invested, First Deputy Governor Abror Mirzo Olimov said on September 18 at the International Forum on Sovereign Asset Management (iPAM) in Tashkent.

The Central Bank's BOD at its today’s meeting decided to keep the interest rate unchanged at 14% per annum, the regulator's press service reported.

The Ministry of Justice has officially registered a new departmental regulation establishing standardized procedures for classifying banking asset quality and forming mandatory loss reserves.

The International Bank of Azerbaijan (ABB, Azərbaycan Beynəlxalq Bankı) has acquired a controlling 51% stake in Davr Bank for 1.646 trillion soums, or roughly $140 million, the Tashkent Republican Stock Exchange said in its report.

Outstanding household loans from banks grew 18.8% over the past year. The Central Bank reported that most of this debt is going toward home purchases.

Uzbekistan has lowered the advance payment required for purchasing state-owned assets and non-agricultural land plots to 15 percent, offering buyers the flexibility to pay the remaining balance in interest-free installments within legally prescribed timeframes.

Uzbekistan will offer tax incentives to banks, investment companies and certain real estate buyers to encourage the recovery of bad debts without recourse to the courts. Property voluntarily surrendered to a bank in settlement of a debt will also be allowed to be sold directly to buyers.

Total assets in Uzbekistan's banking system reached 1,016.6 trillion soums as of August 1, 2026, up 19 percent from the same date a year earlier, the Central Bank said in a report. A year earlier, the figure stood at 852.4 trillion soums.

Central Bank has drafted a regulation setting out the procedure and terms for paying compensation on guaranteed deposits through the Deposit Guarantee Fund.

Lion Finance Group, the parent company of Bank of Georgia, is considering entering Uzbekistan's banking market by acquiring one of the country's “major” local banks. Lion Finance Group CEO Archil Gachechiladze told Bloomberg.

Покупка собственной недвижимости — шаг, требующий взвешенного подхода и глубокого анализа рынка. Когда приобретается квартира, внимание покупателей часто привлекают лишь стильный визуал, рекламные буклеты и заманчивые акции. Однако успешная покупка зависит не только от удачной планировки или метража, но и от репутации компании, которая возводит объект. Разберемся, как проверить застройщика до заключения договора и передачи денег, чтобы минимизировать любые финансовые и юридические риски.

The state's share in Uzbekistan's banking sector has fallen from roughly 85 percent to around 60 percent over the past several years, and the Central Bank intends to keep pushing that trend further, the Central Bank governor Timur Ishmetov said at the Silk Road Finance & Technology Forum in Tashkent Monday.

Twenty-nine percent of bank borrowers in Uzbekistan currently hold more than one loan, with the average borrower carrying 1.7 loans, according to the Central Bank's first-ever financial inclusion report for 2025.