Finance

Fitch affirms 2 mid-sized state-owned banks in Uzbekistan at ‘BB-’

Fitch Ratings has affirmed Joint-Stock Commercial Bank Qishloq Qurilish Bank’s (QQB) and Joint Stock Commercial Khalq Bank of the Republic of Uzbekistan’s (Khalq) Long-Term Issuer Default Ratings (IDRs) at ‘BB-’ The Outlooks are Stable.

Requirements established for payment system operators and providers to ensure information security in payment systems

The Regulation of the Central Bank "On ensuring information security in payment systems of payment system operators and payment service providers" was approved.

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Analysts at Marsh & McLennan and Zurich Insurance Group note the risk of a second outbreak of COVID-19

04/08/2020Read more

Special hospitals set up to treat coronavirus patients

04/08/2020Read more

Ensuring equity in the social protection system discussed

04/08/2020Read more

Central banks of Uzbekistan and Russia to cooperate on countering computer attacks

A memorandum of understanding was signed between the Central Bank of the Republic of Uzbekistan and the Central Bank of the Russian Federation on countering computer attacks.

Central Bank: The framework conditions for the issuance of mortgage loans to the population set

The Regulation of the Central Bank of the Republic of Uzbekistan "On the framework conditions for the provision of mortgage loans to the population" was approved (registered with the Ministry of Justice on 30 June 2020, No. 3269).

ADB approves US$100 million loan to help strengthen Uzbekistan’s resilience to health emergencies

The Asian Development Bank (ADB) has approved a US$100 million loan to strengthen Uzbekistan’s resilience to public health emergencies, including the coronavirus disease (COVID-19) pandemic, by steadily improving testing, diagnosis, and the management of COVID-19 cases over the next two years.

Hamkorbank starts investing on the London Stock Exchange

Hamkorbank was one of the first banks in Uzbekistan to start investing in the international stock market.

Average level of consumer prices and tariffs in Uzbekistan decreased by 0.3%

In July 2020, the average level of consumer prices and tariffs in Uzbekistan decreased by 0.3%, the State Statistics Committee said in a statement.

Training on priority international rankings and indices

First online training on priority international rankings and indices for the Chamber of the Oliy Majlis and local authorities committees took place, the Uzbek Finance Ministry said in a statement.

The Central Bank has establishes minimum requirements for microcredit organizations and pawnshops in their interaction with consumers

In order to protect the rights and legitimate interests of consumers of financial services, the Central Bank of Uzbekistan approved the Regulation "On minimum requirements for the activities of microcredit organizations and pawnshops in their interaction with consumers of financial services".

NBU switched to a new security protocol for payment systems 3DS2

The National Bank for Foreign Economic Affairs of the Republic of Uzbekistan was one of the first in Uzbekistan to switch to the new security protocol 3D Secure 2.0, both in terms of the emission side and acquiring.

Currency rates from 04/08/2020

$ 1 10209.86 +0.021%
€ 1 12021.09 +1.051%
₽ 1 137.46 -3.449%
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