Finance
Finance
Uzbekistan and UAE explore financial cooperation opportunities
Minister of State for Financial Affairs of the UAE Mohamed bin Hadi Al Husseini held an online meeting with Jamshid Kuchkarov, Deputy Prime Minister and …
Net profit of Tenge Bank exceeds 36 billion soums for 2024
Tenge Bank’s net profit for 2024 amounted to 36.2 billion soums, which represents a 15.0% decrease compared to the 2023 …
ADB, Hamkorbank sign deal to enhance financial access for rural MSMEs in Uzbekistan
The Asian Development Bank (ADB) and Hamkorbank has signed a 625 billion Uzbek soums (equivalent to about US$50 million) loan …
EBRD allocates loans for €938 million to Uzbekistan
In 2024 the EBRD set an investment record in Uzbekistan by signing 34 projects the amount of €938 million (US$960 …
The Uzbek soum begins the year with a decline, but stabilization is possible
The Uzbek soum has started 2025 with a slight decline against the US dollar. As of 16 January, the US …
Central Bank of Uzbekistan to begin selling 100-gram gold bars
Starting from 17 January 2025, the Central Bank of Uzbekistan will begin selling 100-gram gold bars through commercial banks.
Cash turnover exceeds 1 quadrillion soums
In 2024, the total cash inflow, including cash and transactions through terminals, reached 840 trillion soums, reflecting a 26% increase …
HUMO summarizes 2024 performance
HUMO, a payment system of Uzbekistan, has released its 2024 performance report, highlighting the most popular platforms for online payments …
Kapitalbank secures €15 million loan
Kapitalbank has signed an agreement with Germany’s Helaba (Landesbank Hessen-Thüringen) for a bilateral trade finance loan worth €15 million.
Uzbekistan’s NAPP experts upgrade skills at US SEC training
Specialists from Uzbekistan’s National Agency for Prospective Projects (NAPP) participated in a training organized by the U.S. Securities and Exchange …