Finance
Finance
Central Bank of Uzbekistan Records First Increase in Som-Denominated Deposit Rates Since August
In January, the average nominal interest rate on bank deposits in the national currency reached 18.9%, according to a report from the Central Bank of …
Uzbekistan Studies Russian Experience in Implementing a Unified Tax Account
Uzbekistan is considering the implementation of a unified tax account, taking into account the experience of Russia.
Uzum Bank to Increase Capital by 370 Billion Soums Through Share Issue
On 16 February, the Supervisory Board of Uzum Bank approved a decision to issue additional ordinary shares totaling 370 billion …
Transition to Cashless Payments in Uzbekistan: What Will Happen with Large Card Transactions
Starting from 1 April 2026, a number of payments in Uzbekistan will transition to cashless form, leading to a significant …
Solfy and Investor Maksim Poletaev Enter Legal Dispute with National Bank of Uzbekistan
The fintech platform Solfy and its main investor, entrepreneur Maksim Poletaev, have entered into a legal dispute with the National …
National Social Protection Agency Provides One-Time Financial Aid to Over 616,000 Families Totaling 422.4 Billion Soums
The National Social Protection Agency has completed the first phase of one-time financial aid payments, covering more than 616,000 families …
Financial Independence as a Long-Term Project
A freelancer, an “independent creator,” or a retiree is not simply a line in an employment record or a formality …
EBRD Allocates Up to €20 Million to Expand Pharmaceutical Production in Uzbekistan
The European Bank for Reconstruction and Development (EBRD) is supporting the development of domestic pharmaceutical production in Uzbekistan by facilitating …
Central Bank of Uzbekistan Registers Three New Microfinance Institutions
Three new microfinance institutions have been registered in Uzbekistan, the press service of the Central Bank of Uzbekistan has announced.
Bakhtiyor Saidov Discusses Financing of Major Projects in Uzbekistan with Standard Chartered CEO
On 25 February, Minister of Foreign Affairs of the Republic of Uzbekistan Bakhtiyor Saidov held a meeting with Saif Malik, …