Finance
Finance
Card-to-Card Transfers in Uzbekistan to Require Indicating Payment Purpose
The Central Bank of Uzbekistan has introduced a mandatory requirement for commercial banks and payment service providers to specify the purpose of payment when conducting …
Uzbekistan Credit Market Surges 36% to Reach 390 Trillion Soums in 2025
Commercial banks in Uzbekistan significantly intensified their lending activities throughout 2025, reflecting a broad expansion of institutional financing across the …
AIIB President Concludes Central Asia Tour to Align on Regional Infrastructure Priorities
Zou Jiayi, President of the Asian Infrastructure Investment Bank (AIIB), has concluded a high-level diplomatic mission to the bank’s founding …
Loan Rates in Uzbekistan’s Soum Zone Rise for Third Consecutive Month — Central Bank
Loan interest rates in Uzbekistan continued to rise for the third consecutive month, according to data from the country’s Central …
Central Bank of Uzbekistan Records First Increase in Som-Denominated Deposit Rates Since August
In January, the average nominal interest rate on bank deposits in the national currency reached 18.9%, according to a report …
Uzbekistan Studies Russian Experience in Implementing a Unified Tax Account
Uzbekistan is considering the implementation of a unified tax account, taking into account the experience of Russia.
Uzum Bank to Increase Capital by 370 Billion Soums Through Share Issue
On 16 February, the Supervisory Board of Uzum Bank approved a decision to issue additional ordinary shares totaling 370 billion …
Transition to Cashless Payments in Uzbekistan: What Will Happen with Large Card Transactions
Starting from 1 April 2026, a number of payments in Uzbekistan will transition to cashless form, leading to a significant …
Solfy and Investor Maksim Poletaev Enter Legal Dispute with National Bank of Uzbekistan
The fintech platform Solfy and its main investor, entrepreneur Maksim Poletaev, have entered into a legal dispute with the National …
National Social Protection Agency Provides One-Time Financial Aid to Over 616,000 Families Totaling 422.4 Billion Soums
The National Social Protection Agency has completed the first phase of one-time financial aid payments, covering more than 616,000 families …