Finance
Finance
SID Bank ready for direct cooperation with Uzbek banks
Diplomats from the Embassy of Uzbekistan held a meeting with Borut Jamnik, Chairman of the Management Board and CEO of the SID Bank for Development …
Central Bank of Uzbekistan discusses amendments to refinancing legislation
The Central Bank of Uzbekistan held a working group meeting to discuss improvements to legislation on loan refinancing, the regulator’s …
Certain companies in Uzbekistan required to connect to electronic payment systems
The Agency for Strategic Reforms, in collaboration with the Ministry of Economy and Finance, has developed measures to expand the …
Uzbekistan’s foreign exchange reserves reach US$44.9 billion
As of the end of February 2025, Uzbekistan’s foreign exchange reserves held by the Central Bank reached US$44.9 billion, marking …
Uzbek banking system poised to lead Eurobond issuance in 2025
In 2025, the volume of Eurobond placements by banks in the Commonwealth of Independent States (CIS) could approach the record …
Visa appoints Sanzhar Suleimanov as Vice President and Regional Manager for Central Asia
Visa has appointed Sanzhar Suleimanov as Vice President and Regional Manager for Central Asia. In
Soum declines against the dollar, but there’s no cause for concern
The Uzbek soum has halted its upward movement against the US dollar and is now losing ground.
Wildberries pays over 50 billion soums in taxes following audit
The online marketplace Wildberries has paid over 50 billion soums in additional taxes following an audit, the Uzbekistan Tax Committee …
Uzbekistan bans issuance of loans without citizens’ consent
President of Uzbekistan Shavkat Mirziyoyev has signed a law amending legislation on the exchange of credit information.
Uzbekistan becomes the largest gold buyer among Central Banks in January
In January 2025, Uzbekistan emerged as the largest gold buyer among the world’s central banks, according to the World Gold …