Finance
Finance
Central Asian Microfinance Summit-2024 held in Samarkand
On 19-20 September 2024, the Central Asian Microfinance Summit-2024 took place in Samarkand under the theme “Unlimited Support for Small Business: Returning to the Roots.”
Tax Committee issues warnings to Tenge Bank and Kapitalbank due to returned payment orders
The Tax Committee of Uzbekistan has issued warnings to Tenge Bank and Kapitalbank for returning payment orders without execution. Reports …
Uzbekistan, Kazakhstan, and Kyrgyzstan discuss microfinance organizations’ activities
A roundtable was held in Samarkand with representatives from the Central Bank of the Republic of Uzbekistan, the Agency for …
Soum continues to weaken
The Uzbek Soum continues its decline against the US dollar. As of September 19, the dollar has risen to 12,734 …
ADB to provide Uzbekistan with a US$300 million loan
The Asian Development Bank (ADB) has approved a US$300 million sector development program aimed at assisting the government of Uzbekistan …
Uzbekistan to abolish certain tax benefits starting from 2025
On 18 September, President Shavkat Mirziyoyev signed a decree concerning the abolition of several tax benefits, according to the Ministry …
Uzbekistan’s National Bank and AKA Bank sign agreement for €100 million credit line
The National Bank for Foreign Economic Activity of the Republic of Uzbekistan and German bank AKA Bank have signed an …
Uzbekistan to abolish VAT exemptions on certain goods and services
A Presidential Decree has been adopted titled "On Amendments and Additions, as well as the Repeal of Certain Acts of …
TBC to launch first fully digital business banking service
Digital banking ecosystem TBC Uzbekistan launched a waiting list for its upcoming new product offering, TBC Business, set to go …
Central Bank holds meeting with U.S. Investment Companies
The Central Bank of Uzbekistan held a meeting with representatives from the U.S. Transnational Research Corporation and several investment companies.