Finance
Finance
ADB, Ipak Yuli Bank sign deal to enhance sustainable and inclusive access to finance in Uzbekistan
The Asian Development Bank (ADB) and IPAK YULI BANK have signed a 625 billion Uzbek soums loan (equivalent to about US$50 million) to enhance access …
Central Bank registers two new microfinance organizations
Two new microfinance organizations have been registered in Uzbekistan, according to the press service of the Central Bank.
Uzbekistan’s foreign exchange reserves reach US$43.14 billion
As of 1 November 2024, Uzbekistan’s foreign exchange reserves have reached US$43.14 billion, according to the Central Bank of Uzbekistan.
UzCard's net profit increases by 33% in Q3 2024
The net profit of payment operator UzCard for the first nine months of 2024, according to IFRS, amounted to 660.4 …
The Uzbek soum remains stable: a positive signal for the economy
As of 7 November, the exchange rate of the Uzbek soum against the US dollar has shown minimal change over …
Council of Central Banks of Turkic States to be established
During the 11th summit of the Turkic States Organization (TSO) in Bishkek, a Memorandum of Understanding was signed to establish …
TBC Uzbekistan achieves record net profit of US$12 million
TBC Bank Group PLC, which manages Georgia’s leading financial group and t
EBRD and EU support Voltalia’s first project in Uzbekistan
The European Bank for Reconstruction and Development (EBRD) is helping Uzbekistan reduce its reliance on carbon-intensive thermal power by financing …
Uzbekinvest increases profit by 40% in Q3 2024
The net profit of the National Insurance Company JSC KEIS Uzbekinvest for the third quarter of 2024 amounted to 36.2 …
Uzbekistan’s state debt could rise to us$45 billion by 2025
According to forecasts by the Ministry of Economy and Finance, Uzbekistan’s state debt could increase to US$45 billion by 2025, …