Finance
Finance
Stanislav Skvirskiy appointed as CEO of payme payment service
Stanislav Skvirskiy has been appointed Chief Executive Officer of Payme, one of Uzbekistan’s leading payment services and a key part of the TBC Uzbekistan fintech …
Uzbek soum recovers slightly, but losses remain
As of 23 May 2025, the Uzbek soum is trading at 12,899 per U.S. dollar, marking a 0.65% weekly gain.
Humo appoints new chairman of the Board as Alexey Maksimov steps down
The National Interbank Processing Center (NIPC), operator of the Humo payment system, has once again undergone top-level personnel changes.
Central Bank of Uzbekistan warns commercial banks against violating consumer rights
The Central Bank of the Republic of Uzbekistan has issued a warning to credit institutions amid an increase in cases …
The World Bank allocates US$200 million to Uzbekistan for modernization of irrigation infrastructure
The World Bank’s Board of Executive Directors has approved a concessional loan of US$200 million to Uzbekistan to implement a …
Age-based pensions to be assigned proactively without citizens’ personal application in Uzbekistan
President of Uzbekistan Shavkat Mirziyoyev has signed a law introducing amendments to the legislation on state pension provision for citizens.
President welcomes plans to expand OTP Bank Group’s activities in Uzbekistan
As part of the official visit to Hungary, the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, held talks with …
World Bank allocates US$35 million to Uzbekistan for development of geospatial infrastructure
The World Bank’s Board of Executive Directors has approved a concessional loan of US$35 million to Uzbekistan to implement a …
Uzbekistan and ADB launch PPP program for hospital management
The Asian Development Bank (ADB) will provide advisory support to the Ministry of Health and the Ministry of Economy and …
Central Bank: Loans issued to the population totaled 34.9 trillion soums in January–March 2025
In the first quarter of 2025, the volume of loans issued to the population of Uzbekistan reached 34.9 trillion soums, …