Finance
Finance
Uzbekistan and ADB Discuss US$1.42B Projects for 2026
Uzbekistan and the Asian Development Bank reviewed US$1.42B in projects for 2026, focusing on energy, water, education, and sustainable development.
Ikram Ibragimov Raises Stake in Hamkorbank to 62%
Ikram Ibragimov increased his share in Hamkorbank to 61.88% after acquiring 3.46 billion ordinary shares worth 189 billion soums on …
UzCard Reports Profit Exceeding US$100M in 2025
UzCard’s IFRS net profit reached US$103.8M in 2025, up 37% year-on-year, with strong growth in revenue, assets, and capital.
Tashkent to Host FinCore Asia Forum on AI in Banking
On 23 April, Tashkent will host FinCore Asia, focusing on AI-powered core banking, digital currencies, and building financial ecosystems.
Uzbekistan Banking Supervision Committee Reviews 43 Cases
Uzbekistan’s Banking Supervision Committee held seven meetings in February 2026, addressing 43 cases including licenses, audits, and prudential compliance.
Oson Secures License for Regulated Payments in UAE
Uzbek fintech Oson receives DFSA license in Dubai, paving the way for a neobank launch and expansion into Middle East …
Uzbekistan Raises Cash Forex Limit Without ID to US$500
Uzbekistan plans to allow individuals to buy up to US$500 in cash foreign currency without presenting ID, easing currency transactions …
Mirziyoyev Reviews Plans for Uzbekistan’s Financial and Digital Hub
President Mirziyoyev reviewed the creation of Tashkent International Financial Center, Enterprise Uzbekistan, and Islamic finance initiatives to boost investment.
Ipoteka Bank to Issue Additional Shares for IFC Subscription
Ipoteka Bank approves 391.3 billion additional shares with preemptive rights; IFC to convert debt into equity, boosting the bank’s capital …
ADB Announces Aid Package for Asian Countries Amid Conflict
The Asian Development Bank unveils financial support to help Asian nations mitigate economic impacts from the Middle East conflict, including …