Finance
Finance
Central Bank: Cash volume in circulation increased by 16%
Over the past nine months, Uzbekistan has seen a rise in cash circulation, driven by an increase in nominal monetary mass without significant structural changes …
Uzbekistan and the World Bank collaborate to develop payment systems
A meeting took place at the Central Bank of Uzbekistan involving World Bank experts to discuss the outcomes of a …
TBC Uzbekistan to emit Visa cards
TBC Bank Uzbekistan (TBC UZ) has entered into a long-term strategic partnership with Visa to enhance global payment infrastructure and …
Banks to establish internal procedures for handling customer complaints
The Central Bank of Uzbekistan has updated the regulations regarding the minimum requirements for commercial banks in their dealings with …
Living "Paycheck to Paycheck"? You might have financial planning issues
The absence of money is not always due to low income; sometimes it results from poor personal finance management.
UZCARD FORUM 2024: OPEN BANKING to Take Place in Tashkent
On 24 October 2024, the UZCARD FORUM 2024, a major event in the fintech sector dedicated to the 20th anniversary …
The soum continues its weakening trend
The Uzbek soum continues its gradual weakening against the US dollar. As of 17 October, the dollar is trading at …
NAPP fines EUROASIA INSURANCE
The insurance company EUROASIA INSURANCE has been fined 45 million soums, according to the National Agency for Perspective Projects of …
Central Bank: The share of microcredits in the overall loan portfolio of the banking system increased sharply
In the first half of 2024, financial stability was maintained in Uzbekistan’s banking system, as reflected in the Central Bank’s …
Central Bank purchased gold from local producers for 29.5 trillion soums
In the third quarter of 2024, the Central Bank acquired gold from local producers for a total of 29.5 trillion …