Finance
Finance
Microloans Pose Main Domestic Risk to Uzbek Banks
The Central Bank of Uzbekistan identified microloans as a primary domestic risk to financial stability in its 2025 review due to rising household debt levels.
Central Bank Stress Test Outlines Risk Scenario Capital Impact
A risk scenario stress test by the Central Bank of Uzbekistan shows banking capital adequacy could drop to 5.6% by …
Net Profit of Uzbekistan Banks Increases 2.2 Times in 2025
The net profit of Uzbekistan's banking system reached 15.5 trillion soums in 2025, increasing 2.2 times compared to 2024, according …
Abolishing Mass Tax Cashback Proposed in Uzbekistan
The Institute for Reducing the Shadow Economy has proposed ending mass 1% tax cashback payouts on fiscal receipts in Uzbekistan, …
Remittances to Uzbekistan rise to US$3.8 billion in Q1 as geographic trends shift
Remittances to Uzbekistan grew by 13% in the first quarter of 2026, reaching US$3.8 billion, fueled by a diversification of …
Uzbekistan's current account deficit expands to US$5.8 billion in Q1
Uzbekistan's current account deficit widened sharply to US$5.79 billion in the first quarter of 2026, driven by a temporary halt …
Uzbekistan's gold and foreign exchange reserves decrease to $63.7 billion
Uzbekistan's international reserves dropped by over $6.8 billion in June to stand at $63.7 billion as of early July 2026, …
Uzbekistan’s Fintech Market Shows Some of the Fastest Growth Rates in the Region
Uzbekistan is undergoing a rapid digital transformation of its financial sector. Under Presidential Decree No. UP-246, the country aims to …
Toshkent Stock Exchange Records 65.5 Billion Soum REPO Deals
Large REPO transactions worth 65.5 billion soums involving corporate bonds of the Mortgage Refinancing Company of Uzbekistan were executed on …
Second Season of Initiative Budget 2026 Set to Launch on 15 July
The Ministry of Economy and Finance has announced the timeline for the second season of the 2026 Initiative Budget program …