Finance
Finance
Bakhtiyorjon Juraev Appointed as Chairman of the Board of InFinBank
Bakhtiyorjon Juraev has been appointed Chairman of the Board of InFinBank JSC.
Dmitry Musienko Appointed as New Chairman of AVO Bank
Artem Popov’s tenure as Chairman of the Board of AVO Bank has been terminated early, and his employment contract will …
Three Banks and Five MFIs Fined for Financial Violations
In October 2025, the Banking Supervision Committee of the Central Bank of Uzbekistan held seven meetings, reviewing 24 agenda items …
Uzbekistan’s Central Bank to Launch National Payment “Switch”
The Central Bank of Uzbekistan will create a national payment “switch” to process all transactions in the national currency.
Uzbekistan to Introduce Universal QR Code for Payments
Uzbekistan will implement a single universal QR code for payments, according to a presidential decree on the development of financial …
Uzbekistan Central Bank to Launch Fintech Hub and Stablecoin “Sandbox”
On 27 November, President Shavkat Mirziyoyev signed a decree aimed at accelerating the development of financial technologies in Uzbekistan. The …
Uzbekistan Expands Instant Payment System for Individuals
On 27 November, President Shavkat Mirziyoyev signed a decree on the development of financial technologies, which includes expanding the functionality …
MFO “Biznes Finans” Prepares New Bond Issue of 10 Billion Soums
On 25 November 2025, the microfinance organization “Biznes Finans” announced the issuance of its fifth bond series totaling 10 billion …
EBRD Provides US$40 Million Loan to UMRC to Develop Mortgage Market in Uzbekistan
The European Bank for Reconstruction and Development (EBRD) will provide the Uzbekistan Mortgage Refinancing Company (UMRC) with a synthetic local-currency …
Central Bank Lifts Restrictions on Imkon Finans
The Central Bank of Uzbekistan has lifted the restrictions imposed in August 2025 on the microfinance organization Imkon Finans.