Finance
Finance
EBRD to Provide Up to US$17.5 Million to TCG for Cable Production Expansion
The European Bank for Reconstruction and Development (EBRD) continues to support the development of green energy infrastructure in Uzbekistan and the country’s national decarbonization goals …
Uzbekistan and Kazakhstan Agree on Joint Efforts to Combat Banking Fraud
An official meeting took place in Tashkent as part of “ICT Week Uzbekistan – 2025” between the State Unitary Enterprise …
Fitch Affirms Ipoteka-Bank Ratings at “BB” with Stable Outlook
Fitch Ratings has affirmed the long-term issuer default ratings (IDR) of JSC Ipoteka-Bank in both foreign and local currency at …
The Central Bank of Uzbekistan: More than Half of Depositors Concentrated in NBU and People’s Bank
The Central Bank has published an analysis of the deposit market as of August 2025, highlighting a high concentration of …
IFC and Davr Bank Provide US$40 Million to Support SMEs in Uzbekistan
IFC and JSCB Davr Bank have signed a US$40 million loan agreement to expand access to finance for small and …
Uzbekistan Approves Minimum Cybersecurity Requirements for Credit Bureaus
The Ministry of Justice has registered the Regulation on Minimum Information Security and Cybersecurity Requirements for Credit Bureaus (registration number …
Automated System Detects Suspicious Electronic Invoice Transactions Exceeding 1 Trillion Soums
The automated “Electronic Invoice Risk Assessment” system is being tested to analyze electronic invoices (EIs) submitted by taxpayers in order …
Uzbekistan’s Pension Fund and ILO Discuss Improving the Efficiency of the Pension System
On 22 September, the Pension Fund of Uzbekistan held a meeting with P. Annike, a representative of the International Labour …
IFC and Uzpromstroybank Expand Partnership to Support Business in Uzbekistan
The International Finance Corporation (IFC) and Uzpromstroybank (SQB) have agreed to expand cooperation in trade finance to support importers and …
Moody’s: Uzbekistan’s New Legal Framework for Islamic Banking to Boost Sector Growth
Uzbekistan’s parliament has approved the draft law on Islamic banking in its first reading, a move that Moody’s Ratings believes …