Finance
Finance
Statistics Agency: cumulative CPI reached 5.5% in Jan-Aug
In August 2024, the composite Consumer Price Index (CPI) for the month was recorded at 0.5%. This information was reported by the Agency of Statistics …
Competition Development Committee fines Universalbank
The Competition Development and Consumer Protection Committee of Uzbekistan has fined Universalbank for violations found in its deposit advertising campaign, …
Uzbek soum continues to decline: Seasonal factors and weak ruble impact
As of 29 August, the Uzbek soums has continued its decline against the US dollar, reaching 12,660. Over the past …
Competition Committee fines Ipak Yuli Bank
The Competition Development and Consumer Protection Committee of Uzbekistan has fined Ipak Yuli Bank for advertising violations, according to the …
TBC Bank Uzbekistan secures US$25 million from BlueOrchard
TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, announces today it has secured US$25 million in debt financing …
Pensioners, receiving pensions via bank cards, to receive payments by 1 September
In Uzbekistan, pensioners who receive their pensions via bank cards will have their payments made by 1 September. This information …
EBRD supports first renewable hydrogen production project in Central Asia
The European Bank for Reconstruction and Development (EBRD) is supporting the decarbonization of fertilizer and electricity production in Uzbekistan by …
ADB approves new partnership strategy with Uzbekistan for 2024-2028
The Asian Development Bank (ADB) has unveiled its new partnership strategy with Uzbekistan for the period 2024-2028.
Kaspi plans to participate in Humo privatization
Kazakh company Kaspi plans to participate in the bidding for the sale of the 100% state stake in the National …
Moody’s: New legal framework promotes growth of islamic banking sector
Rating agency Moody’s has published a commentary on new measures aimed at supporting business and developing Islamic finance in Uzbekistan.