Finance
Finance
Fitch Affirms Asaka Bank’s ‘BB’ Rating with Stable Outlook
Fitch Ratings confirmed Asaka Bank’s long-term IDRs at ‘BB’, citing moderate state support, improving banking environment, and a strategic path toward privatization.
Fitch Affirms Uzbekistan National Bank’s ‘BB’ Rating
Fitch Ratings confirmed Uzbekistan National Bank’s long-term foreign and local currency IDRs at ‘BB’ with stable outlook, citing strong capitalization …
Uzbekistan Explores Tax Rules and Digital Tools for Bloggers
Tashkent conference reviewed taxation of bloggers, digital services, and the upcoming Unified Tax Account to enhance transparency and revenue collection.
Uzbekistan Opens Applications for Mortgage Subsidies
Uzbekistan will begin accepting applications for mortgage subsidies on March 16, offering 30,000 subsidies to help cover down payments and …
EBRD Board of Directors Visits Uzbekistan, Strengthens Ties
On 1–6 March, EBRD directors visited Uzbekistan to reinforce partnerships, discuss reforms, and explore investment opportunities in banking, industry, and …
Uzbekistan’s Insurance Market Grows 37.8% in 2025
Insurance premiums in Uzbekistan reached 13.46 trillion soums in 2025, led by general insurance, with life insurance premiums more than …
Uzbekistan and Azerbaijan Strengthen Tax Cooperation
Uzbekistan and Azerbaijan reaffirm tax cooperation, discussing bilateral initiatives and ongoing dialogue at the III Caucasus-Central Asia-Mongolia forum.
Uzbekistan’s Microfinance Firms Expand Corporate Bond Market
Microfinance organizations in Uzbekistan actively issue corporate bonds, raising 431 billion soums and attracting over 3,200 investors, mostly individuals.
Uzbekistan’s Factoring Market Reaches 9.5 Trillion Soums in 2025
Uzbek banks provided factoring services totaling 9.5 trillion soums in 2025, with digital platforms and industry sectors driving growth in …
Uzbekistan and IMF Discuss Modernization of Tax System
Uzbekistan’s Tax Committee met with IMF officials to discuss tax system reforms, digitalization, transparency, and reducing the shadow economy.