Finance
Finance
Volume of mortgage loans allocated in first 8 months reaches 9.9 trillion soums
In the first eight months of 2024, approximately 37,000 citizens received mortgage loans totaling 9.9 trillion soums, according to Nodir Komilov, head of the Central …
Ipak Yuli Bank to allocate 393.2 billion soums for reserve fund
Ipak Yuli Bank has decided to allocate 393.2 billion soums to form a reserve fund. This decision was made during …
IFC supports smaller businesses and women entrepreneurs in Uzbekistan
IFC has signed an agreement with Ipak Yuli Bank to provide a syndicated loan of up to US$42 million, aimed …
Hamkorbank fined for violating advertising legislation
The Committee for Competition Development and Consumer Rights Protection of Uzbekistan has imposed a financial penalty on Hamkorbank for violating …
World Bank to provide US$800m loan to Uzbekistan
World Bank to provide US$800m loan to UzbekistanThe World Bank’s Board of Executive Directors approved a financial package of US$800 …
PayPal, Apple Pay, and Google Pay may start provide services in Uzbekistan
The government of Uzbekistan plans to attract international online payment systems, such as PayPal, Alipay, UniPay, Apple Pay, and Google …
The Central Bank imposed penalties on two banks in September
At the meetings of the Banking Supervision Committee of the Central Bank in September this year (six sessions), 21 issues …
AIIB, Uzbekistan cement long-term partnership with landmark agreements at 9th aiib annual meeting
The Asian Infrastructure Investment Bank (AIIB) further solidified its long-standing partnership with the Republic of Uzbekistan through a series of …
CPI for January-September 2024 reaches 6.8%
In September 2024, the consolidated Consumer Price Index (CPI) for the month was 1.2%. For January-September 2024, the consolidated CPI …
New deputy heads of the accounts chamber appointed
New deputy heads of the Accounts Chamber of Uzbekistan have been appointed.