Finance
Finance
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 project aimed at improving access …
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, …
Remittances to Uzbekistan increased by 32% to US$3.3 billion in Q1 2025
In the first quarter of 2025, the volume of money transfers to Uzbekistan reached US$3.3 billion. This represents a 32% …
The Central Bank of Uzbekistan fined six banks, three pawnshops, and two microfinance organizations
In April 2025, the Banking Supervision Committee under the Central Bank held eight sessions, during which 45 issues were reviewed …
EDB developed a macroeconomic model to forecast Uzbekistan’s economy
The Eurasian Development Bank (EDB) has presented a newly developed macroeconomic model designed to analyze current conditions and forecast future …
Sergey Gimadiev appointed as Chairman of the Board at Apex Bank
Sergey Gimadiev has been appointed Chairman of the Board of Apex Bank. The announcement was published on the Unified Corporate …
EBRD and EU expand funding support for MSMEs in Central Asia and Mongolia
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are increasing access to financing for micro, …
Fitch: Banking reform in Uzbekistan is progressing, but sector risks remain high
Since its inception in 2020, the banking reform in Uzbekistan has made significant progress, according to the rating agency Fitch …
Sharp decline of the Uzbek soum: External factors exert pressure
As of 15 May 2025, the U.S. dollar is trading at 12,983 Uzbek soums. This marks a sharp weekly depreciation …