Finance
Finance
Uzbekistan Requires Personal Phone Numbers for Banking Apps
From 22 April, Uzbek banks will require users to link mobile apps to phone numbers registered in their own name to enhance cybersecurity.
Central Banks Boost Gold Reserves in February 2026
Global central banks increased gold reserves by 19 tons in February 2026, with Uzbekistan and Poland among the top buyers, …
Uzbekistan Issues US$1B International Bonds in National Currency
Uzbekistan successfully placed US$1 billion in international bonds denominated in its national currency at a historic 12.25% rate, attracting strong …
Uzbekistan Sees Growing Interest in Islamic Banking
Uzbekistan prepares for the launch of Islamic banking, attracting foreign investment and expanding Sharia-compliant financial services in local banks.
Visa and Ipak Yuli Bank Launch She's Next Program in Uzbekistan
Visa and Ipak Yuli Bank launch She's Next in Uzbekistan, offering US$22,000 in grants and training to support women entrepreneurs …
Uzbekistan Gold Bullion Sales Surge Eightfold in 2025
Uzbekistan’s Central Bank reports record demand for gold bullion in 2025, with sales reaching 661 kg and electronic gold accounts …
HUMO and Mongol ID Sign Agreement on Cross-Border Payments
HUMO and Mongol ID, via Takara Solutions, signed a memorandum to develop cross-border payment solutions, enabling card and QR payments …
Rising Oil Prices and Logistics Issues Pose Risks to Uzbekistan’s Imports
Uzbekistan’s inflation reaches 7.3%, with rising oil prices and supply chain disruptions threatening food and goods imports. Central Bank emphasizes …
Uzbekistan, Türkiye Discuss Joint Pension System
Uzbekistan and Türkiye held talks to create a joint pension framework, enabling citizens to preserve social security rights across both …
Uzbek Soums Volatility Surges 2.6-Fold in Early 2026
Volatility of the Uzbek soums against the US dollar rose 2.6 times in January–February 2026, with trading patterns shifting and …