Finance
Finance
Senate approves law on agricultural risk insurance
The Senate of Uzbekistan has reviewed and approved the Law on Agricultural Risk Insurance during its latest plenary session. This legislation aims to establish a …
Soum remains stable: A confident start to the year
Soum remains stable: A confident start to the yearThe Uzbek soum had an active week against the US dollar but …
Kapitalbank’s net profit surpasses 1.8 trillion soums in 2024
Kapitalbank reported a net profit exceeding 1.8 trillion soums under IFRS for 2024, marking an 8% increase compared to the …
Fitch downgrades Kapital Sugurta’s rating to ‘B-’
International rating agency Fitch Ratings has downgraded the Insurer Financial Strength (IFS) rating of Kapital Sugurta JSC, an Uzbekistan-based insurance …
Financial Compass: What Awaits Investors in 2025?
Preserving and growing savings requires assessing the reliability and prospects of various financial instruments. What factors are currently influencing major …
Uzbekistan’s Central Bank registers three new microfinance organizations
The Central Bank has registered three new microfinance organizations, the regulator's press service reported.
TBC SUG‘URTA receives license for insurance operations in Uzbekistan
On 7 March 2025, the National Agency for Perspective Projects issued a license to TBC SUG‘URTA for conducting insurance activities. …
NBU and Natixis sign €200 million credit line agreement
On 11 March, during the Uzbek-French Business Forum in Paris, the National Bank for Foreign Economic Activity of Uzbekistan (NBU) …
Aleksey Maksimov becomes head of the Humo payment system
Shukhrat Kurbanov has been relieved of his position as Chairman of the Board of the Joint-Stock Company "National Interbank Processing …
Ipoteka Bank writes off 229 billion soums in debt for two textile clusters
JSCB Ipoteka Bank has written off the debts of two textile clusters amounting to nearly 229 billion soums. This information …