Finance
Finance
Kazakhstan and Uzbekistan Strengthen Cooperation in the Digital Transformation of Tax Systems
A delegation of the Republic of Kazakhstan, led by Zhandos Zhumbayevich Duisembiyev, Chairman of the State Revenue Committee of the Ministry of Finance, visited the …
Uzbekistan’s Financial System Remains Stable — Central Bank
The Central Bank of the Republic of Uzbekistan has published the “Financial Stability Review for the First Half of 2025,” …
“Banks of the Future” Conference Held in Tashkent: Digital Transformation of Central Asia’s Financial Sector
Over 100 participants took part in the “Banks of the Future” conference, organized by the European-Uzbek Association for Economic Cooperation …
Fitch Assigns Infinity Insurance a ‘B-’ Insurer Financial Strength Rating with Stable Outlook
Fitch Ratings has assigned a ‘B-’ Insurer Financial Strength (IFS) rating to the Uzbek insurance company Infinity Insurance JSC, with …
Uzbekistan Approves Regulations for Issuance of Mortgage Bonds within the “Regulatory Sandbox”
The National Agency for Prospective Projects has approved a temporary regulation governing the issuance and circulation of mortgage bonds under …
Business Development Bank Reports 238.6% Profit Increase in First Nine Months of 2025
The Business Development Bank has demonstrated a significant increase in profit, although operational efficiency challenges remain.
Uzbekistan Gains Voting Rights in the EDB Digital Initiatives Fund
By becoming a shareholder of the Eurasian Development Bank (EDB), Uzbekistan has gained the right to participate in the work …
Uzbekistan Approves New Rules for Issuing Bank Cards
The Ministry of Justice of the Republic of Uzbekistan has registered the order “On Amendments and Additions to the Regulation …
ADB Allocates US$300 Million to Uzbekistan to Expand Access to Financing for Small Businesses
The Asian Development Bank (ADB) has approved a US$300 million loan to Uzbekistan, including US$100 million on concessional terms, to …
Fitch Assigns Turonbank ‘BB-’ Rating with Stable Outlook
Fitch Ratings has assigned long-term Issuer Default Ratings (IDR) of ‘BB-’ with a Stable Outlook to JSCB Turonbank in both …