Finance
Finance
Developing Reinsurance Activities in the New Uzbekistan
This article examines the legal and economic foundations for the development of the reinsurance market in New Uzbekistan, as well as the ongoing reforms in …
Tax Committee Says New Rules Preserve Banking Secrecy
The Tax Committee of Uzbekistan clarified that a new draft resolution regulating data sharing between banks and tax offices preserves …
Foreign Currency Demand in Uzbekistan Rises 20% in Five Months
The total demand for foreign currency in Uzbekistan grew by 20.1% to US$25.7 billion in January–May 2026, while the exchange …
National Bank of Uzbekistan Seeks Enforcement Against Solfy CA in England
The National Bank of Uzbekistan has initiated legal proceedings in England to enforce two court judgments against Solfy CA totaling …
Tax Committee Clarifies Draft Banking Data Sharing Project
The Tax Committee of Uzbekistan has issued a clarification regarding its draft resolution on banking data sharing, stating it preserves …
Uzbekistan Reinsurance Company to Issue 70 Billion Soums in Shares
The National Reinsurance Company of Uzbekistan will execute an additional share issue worth 70 billion soums, fully allocated to its …
Fitch Affirms Microcreditbank Credit Rating at 'BB'
International rating agency Fitch Ratings has affirmed the long-term issuer default ratings of Uzbekistan's Microcreditbank at 'BB' with a positive …
Tax Committee Proposes Expanded Data Sharing With Banks
The Tax Committee of Uzbekistan has proposed a draft resolution requiring commercial banks to share information on accounts, deposits, and …
Uzbekistan to Raise Salaries, Pensions, and Stipends
Uzbek President Shavkat Mirziyoyev signed a decree increasing salaries, pensions, stipends, and social allowances by 7 percent from July and …
Central Bank: UzQR to unify payment systems and reduce business commissions to 0.65%
The Central Bank of Uzbekistan has launched the UzQR national online system, unifying the retail QR infrastructure with a fixed …