Finance
Finance
Liquidation of Yangi Bank: Deposit Insurance Agency to Ensure Full Guaranteed Payments
On 15 January 2026, the Central Bank of Uzbekistan revoked the banking license of private Yangi Bank, reducing the number of operating banks in the …
ADB and Masdar Sign US$30 Million Deal to Expand Solar Power and Energy Storage in Uzbekistan
The Asian Development Bank (ADB) and Abu Dhabi Future Energy Company PJSC (Masdar) have signed a US$30 million financing package …
Uzbekistani Soum Remains Stable
As of 15 January 2026, the Uzbekistani soum remained virtually unchanged against the US dollar.
ADB: Global Trade Finance Gap Remains at US$2.5 Trillion
According to the latest research by the Asian Development Bank (ADB), global demand for trade finance is expected to continue …
Tax Committee Addresses Reports of Taxi Drivers’ Concerns Over Tax Burden
Recently, social media circulated reports under the headline “Online Taxi Drivers Discontented With Tax Burden,” attracting public attention. The press …
Central Bank of Uzbekistan Revokes License of Yangi Bank
By a decision of the Board of the Central Bank of the Republic of Uzbekistan dated 15 January 2026, the …
EBRD to Invest up to US$195.5 Million in Construction of Solar Power Plant and Battery Storage in Uzbekistan
The European Bank for Reconstruction and Development (EBRD) continues to actively support the development of renewable energy in Uzbekistan, providing …
CERR Publishes Updated Bank Rankings: Competition Intensifies and Market Dynamics Shift in the Mid-Segment
The Center for Economic Research and Reforms (CERR) has released its updated ranking of commercial banks in Uzbekistan for the …
Central Bank of Uzbekistan Fines 10 Banks and One Microfinance Organization
In December 2025, the Banking Supervision Committee of the Central Bank of Uzbekistan held six meetings, during which 45 issues …
Asakabank to Issue Five-Year Bonds with 18% Yield
Asakabank has announced the placement of its fifth issue of corporate bonds with a total value of 1 trillion Uzbek …