Finance
Finance
The volume of remittances from Kazakhstan to Uzbekistan reaches US$465 million
Over the past year, a total of US$1.5 billion was transferred abroad from Kazakhstan. Uzbekistan emerged as the primary destination for remittances, receiving US$465 million, …
Business Development Bank allocates 7.3 trillion soums in loans in 2024
As part of the comprehensive program “Continuous Support for Small Business”, the Business Development Bank provided 1.737 trillion soums in …
Uzbekistan issues US$1.5 billion in international bonds
Uzbekistan has successfully placed another round of sovereign international bonds on global financial markets, raising approximately US$1.5 billion.
Uzbekistan issues 50.51 million bank cards as of 1 January 2025
As of 1 January 2025, commercial banks in Uzbekistan have issued 50.51 million bank cards, according to data from the …
Uzbekistan’s Central Bank discusses bank privatization prospects with Shinhan Bank
The leadership of the Central Bank of Uzbekistan held a meeting with representatives of South Korea’s Shinhan Bank, led by …
Uzum surpasses 16 million users in Uzbekistan
More than 16 million residents of Uzbekistan now use Uzum’s services, according to the fintech company’s press service.
The Senate approves law on improving tax administration
During a plenary session, the Senate reviewed and approved the Law "On Amendments and Additions to Certain Legislative Acts of …
Uzbek soum stabilizes amid challenging conditions
The Uzbek soum has shown a sharp rebound against the US dollar, signaling a degree of stabilization in the currency …
Central Bank: No proof of origin required for withdrawing deposits
The Central Bank of Uzbekistan has denied claims circulating on social media that banks require customers to provide proof of …
Senate approves law banning unauthorized loans
The Senate of the Oliy Majlis has approved the law "On Amendments and Additions to the Law of the Republic …