Finance
Finance
Uzbek Remittances Surge to US$18.9 Billion in 2025
Uzbekistan saw remittances rise 28% to US$18.9 billion in 2025, driven by global labor migration and the growth of digital financial services.
Anor Bank to Issue Corporate Bonds Worth 50 Billion Soums
Anor Bank announces a 50 billion soum bond issuance with 22% annual yield and quarterly coupon payments to boost funding …
Fitch Confirms INSON Insurance IFS Rating at "B"
Fitch Ratings affirmed INSON JSIC’s Insurer Financial Strength at "B" with a stable outlook, citing limited scale, moderate profitability, and …
Uzbekistan and Armenia Expand Tax Cooperation
Tax authorities of Uzbekistan and Armenia discussed expanding cooperation in digital tax administration, product identification systems and electronic cash registers.
Moody’s Affirms Garant Bank Ratings with Positive Outlook
Moody’s confirms Garant Bank’s BCA at caa1, long-term deposits at Caa1, revising outlook to positive after recapitalization and return to …
Moody’s Affirms Hamkorbank Ratings with Positive Outlook
Moody’s confirms Hamkorbank’s BCA at b1, long-term deposits at B1, and counterparty ratings at Ba3/NP, revising outlook to positive due …
Fitch Affirms SQB’s ‘BB’ Rating with Stable Outlook
Fitch Ratings confirmed Sanoat Qurilish Bank’s long-term IDRs at ‘BB’, citing moderate state support, improving operations, and stable asset quality.
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 …
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.