Finance
Finance
Ádám Szentpéteri Appointed Chairman of the Management Board of Ipoteka bank OTP Group
Effective 27 July, Ádám Szentpéteri has been appointed Chairman of the Management Board of Ipoteka bank OTP Group. Following his tenure as Acting Chairman of …
Uzbek Banks Switch Technical Operator for Zolotaya Korona System
Uzbekistani commercial banks and Zolotaya Korona are negotiating a transition to a new unsanctioned technical operator following EU sanctions against …
Ministry of Justice Registers Regulatory Acts for Islamic Banking Operations
Uzbekistan's Ministry of Justice has officially registered regulatory updates across ten departmental normative acts to establish the legal framework for …
Tax Committee of Uzbekistan Introduces AI SOLIQ Portal
The Tax Committee of Uzbekistan has launched the AI SOLIQ portal, a single digital platform offering next-generation AI-powered tax services.
Central Bank of Uzbekistan Keeps Key Policy Rate at 14%
The Central Bank of Uzbekistan decided to maintain its key policy rate at 14% per annum during its board meeting …
Uzbekistan Doubles Trade with EDB Member Countries Over Five Years
Uzbekistan's trade turnover with Eurasian Development Bank (EDB) member states reached US$19.3 billion in 2025, doubling compared with 2020.
Uzbek Incomes Up 9.2 Percent in Real Terms in First Half
Uzbekistan’s aggregate population income grew 9.2 percent in real terms to 618.3 trillion soums in the first half of 2026, …
ITFC Extends US$75 Million Facility to Ipak Yuli Bank
The International Islamic Trade Finance Corporation granted a US$75 million syndicated line to Uzbekistan's Ipak Yuli Bank for Sharia-compliant financing.
Non-Performing Loans in Uzbek Banks Reach 3.6% in July
Non-performing loans in Uzbekistan's banking sector reached 22.9 trillion soums or 3.6% of total loans as of 1 July 2026.
Uzbekistan Banking Assets Exceed 1 Quadrillion Soums
Total assets of Uzbek commercial banks reached 1,005.8 trillion soums as of 1 July 2026, marking an 18% annual increase.