RBI Links to Uzbekistan’s Depository Infrastructure

Tashkent, Uzbekistan (UzDaily.com) — On  22 April 2026, an agreement on opening accounts and establishing correspondent relations was signed at the Ministry of Economy and Finance of the Republic of Uzbekistan between the Central Securities Depository and Raiffeisen Bank International.

The agreement is seen as an important step toward integrating Uzbekistan’s capital market infrastructure into the global financial system. It enables direct access for foreign investors to transactions involving the country’s government and corporate securities.

According to the parties, the arrangement is expected to enhance liquidity in the domestic capital market, broaden the investor base, and introduce international practices in custody, settlement, and servicing of securities.

Within the framework of the agreement, priority areas include the development of the local currency bond market, improvement of depository services, and strengthening confidence of global investors in local assets.

It was noted that the technological and operational resilience of the Central Securities Depository provides a foundation for interaction between domestic issuers and international investors.

The signing is also viewed as a positive signal for the potential entry of other major international depositories and custodian banks into the Uzbek market.

The cooperation is expected to elevate cross-border securities operations and strengthen Uzbekistan’s position in the global financial landscape.