Finance
Finance
Uzbekistan’s Insurance Market Grows 37.8% in 2025
Insurance premiums in Uzbekistan reached 13.46 trillion soums in 2025, led by general insurance, with life insurance premiums more than doubling.
Uzbekistan and Azerbaijan Strengthen Tax Cooperation
Uzbekistan and Azerbaijan reaffirm tax cooperation, discussing bilateral initiatives and ongoing dialogue at the III Caucasus-Central Asia-Mongolia forum.
Uzbekistan’s Microfinance Firms Expand Corporate Bond Market
Microfinance organizations in Uzbekistan actively issue corporate bonds, raising 431 billion soums and attracting over 3,200 investors, mostly individuals.
Uzbekistan’s Factoring Market Reaches 9.5 Trillion Soums in 2025
Uzbek banks provided factoring services totaling 9.5 trillion soums in 2025, with digital platforms and industry sectors driving growth in …
Uzbekistan and IMF Discuss Modernization of Tax System
Uzbekistan’s Tax Committee met with IMF officials to discuss tax system reforms, digitalization, transparency, and reducing the shadow economy.
Payme Launches Reorganization, Establishes TBC Tech
Uzbek payment service Payme begins a reorganization that will create TBC Tech to centralize IT functions and strengthen the digital …
Erkin Narmanov Heads Karakalpakstan Tax Authority
Erkin Narmanov has been appointed as head of the Tax Administration of Karakalpakstan, replacing Khalmurza Bekchanov.
Kazakhstan and Uzbekistan Expand Audit Cooperation
Kazakhstan and Uzbekistan signed a 2026–2028 action plan in Tashkent to strengthen cooperation between their supreme audit institutions.
Ipoteka Bank Reports Record Profit and Strong Customer Loyalty
Ipoteka Bank posts 1.763 trillion soums profit in 2025, boosts NPS to 66.8%, showing strong financial performance and client trust.
Oman Investment Bank advises on the successful completion of a US$130 million investment in Uzum by Omani sovereign entities
Oman Investment Bank is pleased to announce the successful completion of a US$130 million minority investment in Uzum, Uzbekistan’s leading …