Finance
Finance
Payme Launches Reorganization, Establishes TBC Tech
Uzbek payment service Payme begins a reorganization that will create TBC Tech to centralize IT functions and strengthen the digital ecosystem of TBC Uzbekistan.
Erkin Narmanov Heads Karakalpakstan Tax Authority
Erkin Narmanov has been appointed as head of the Tax Administration of Karakalpakstan, replacing Khalmurza Bekchanov.
Kazakhstan and Uzbekistan Expand Audit Cooperation
Kazakhstan and Uzbekistan signed a 2026–2028 action plan in Tashkent to strengthen cooperation between their supreme audit institutions.
Ipoteka Bank Reports Record Profit and Strong Customer Loyalty
Ipoteka Bank posts 1.763 trillion soums profit in 2025, boosts NPS to 66.8%, showing strong financial performance and client trust.
Oman Investment Bank advises on the successful completion of a US$130 million investment in Uzum by Omani sovereign entities
Oman Investment Bank is pleased to announce the successful completion of a US$130 million minority investment in Uzum, Uzbekistan’s leading …
EU, IFAD, and Hamkorbank Launch Program to Support Rural Business
EU, IFAD, and Hamkorbank introduce a program in Uzbekistan to enhance financial access and entrepreneurship for rural households and returning …
Hayot Bank Raises Authorized Capital by 100 Billion Soums
Hayot Bank will increase its authorized capital by 100 billion soums via issuance of 100 million new shares, bringing total …
Uzbek Banks See NPLs Rise by 1.3 Trln. Soums in January
Uzbekistan’s total bank credit portfolio reached 610.3 trln. soums in January 2026, with problem loans rising 1.3 trln. soums to …
Uzbekistan Discusses Projects with Northern Investment Bank
Uzbekistan’s Foreign Minister met with Northern Investment Bank CEO in Helsinki to explore cooperation on sustainable infrastructure, energy, and investment …
Sindh Bank Explores Opening a Branch in Uzbekistan
Pakistan’s Sindh Bank is considering opening a branch in Uzbekistan, discussing correspondent banking ties and trade finance support with the …