Central Bank of Uzbekistan Imposes Sanctions on Five Financial Institutions

Tashkent, Uzbekistan (UzDaily.com) — In November 2025, the Banking Supervision Committee of the Central Bank of Uzbekistan reviewed more than forty issues. During the month, six meetings were held, at which 41 cases were examined and relevant decisions were adopted.

In the area of registration and licensing, 31 issues were considered. These included amendments to the charters of credit institutions in five cases, registration of newly established microfinance and credit organizations in five cases, removal of one microfinance organization from the register, granting permission to acquire ownership stakes in the charter capital of credit institutions in four cases, issuance of certificates to auditors to conduct inspections of commercial banks in four cases, as well as consideration of candidates for members of supervisory boards, senior management of commercial banks, and other key personnel in twelve cases.

In addition, ten issues related to the financial condition of credit institutions were discussed. These covered compliance with Central Bank requirements and banking regulations, results of inspections of commercial banks, credit and microfinance organizations, protection of consumer rights in banking services, as well as measures to combat money laundering, terrorist financing, and the proliferation of weapons of mass destruction.

As part of the review of violations of regulatory requirements for banking activities and legislative acts identified during inspections, warning measures and sanctions were applied to one microfinance organization and one payment organization.

Furthermore, following inspections and the identification of violations of Central Bank requirements, as well as anti-money laundering and counter-terrorist financing regulations, financial penalties were imposed on four banks.