Finance
Finance
Uzbekistan’s Economic Growth Forecast Raised to 7.5% in 2025 by CERR
The Center for Economic Research and Reforms (CERR) has upgraded its forecast for Uzbekistan’s GDP growth in 2025 to 7.5%. The revised estimate is 0.8 …
Wallet in Telegram Officially Launched in Uzbekistan for Cryptocurrency Operations
elegram Wallet, the international crypto wallet integrated directly into the messenger, has been officially launched in Uzbekistan. From today, users …
Central Bank Temporarily Suspends P2P Payments via Humans
The Central Bank of the Republic of Uzbekistan announced a temporary suspension of peer-to-peer (P2P) transfers through the mobile application …
Fitch Confirms “BB” Rating for SQB Insurance with Stable Outlook
On 5 December 2025, Fitch Ratings confirmed the financial strength and long-term issuer default rating of JSC SQB Insurance at …
S&P Confirms “BB-/B” Ratings for Uzpromstroybank with Stable Outlook
On 5 December, S&P Global Ratings confirmed the long-term and short-term credit ratings of JSC Uzpromstroybank at “BB-/B”, maintaining a …
The microfinance market in Uzbekistan grew nearly 1.8 times in the first nine months of 2025
Uzbekistan’s microfinance market continues to expand at a rapid pace, strengthening its position as one of the key drivers of …
Paynet Increases Capital of NIPC to 815.26 Billion Soums
JSC Paynet has decided to increase the authorized capital of its subsidiary, the National Interbank Processing Center (NIPC, Humo), to …
TBC Bank to Issue Bonds Worth 49.6 Billion Soums
TBC Bank has decided to issue bonds totaling 49.6 billion soums, with an interest rate of 19% and a maturity …
Uzbekistan’s Foreign Exchange Reserves Increase by US$1.9 Billion in November
Uzbekistan’s gold and foreign exchange reserves reached a record US$61.2 billion at the end of November 2025, rising by US$1.9 …
Uzbekistan’s 2026 Budget Law Adopted and Sent to the Senate
At its latest plenary session, the Legislative Chamber of the Oliy Majlis considered the draft law “On the State Budget …