Finance
Finance
INSUR Asia Forum in Tashkent Highlights Digital Transformation in Insurance and Reinsurance
Insurance and reinsurance leaders from Russia and CIS countries convened in Tashkent on November 20 for the INSUR Asia meeting, held as part of the …
ADB to Invest Over US$10 Billion in Central Asia Regional Economic Cooperation Program by 2030
The Asian Development Bank (ADB) announced plans to invest more than US$10 billion in the Central Asia Regional Economic Cooperation …
Moody’s affirms B2 rating of “KAFIL-SUG‘URTA”; outlook stable
Moody’s Ratings has affirmed the insurance financial strength ratings (IFSR) of “KAFIL-SUG‘URTA” JSC in both local and foreign currency at …
Factoring Services in Uzbekistan Reach 6.6 Trillion Soums
In the third quarter of 2025, credit institutions provided factoring services totaling 6.6 trillion soums, of which 6.1 trillion soums …
FINNEXT Asia 2025: A Convergence Point for Global Trends
The second FINNEXT Asia International Forum on Financial Innovation, organized by FINNEXT, was held in Tashkent, bringing together more than …
Representatives of Cyberbird: AI is Rewriting the Rules of the Financial Sector — from Lending to Staff Training
Artificial intelligence is already transforming financial processes faster than regulators can adapt, say Valery Babushkin and Evgeny Yezhov of Cyberbird …
EBRD Allocates €10 Million for Copper Pipe Production in Uzbekistan
The European Bank for Reconstruction and Development (EBRD) will provide a loan of up to €10 million to MaxCopper, a …
Microfinance Organizations in Uzbekistan Issue Loans Totaling 21.3 Trillion Soums
From January to September 2025, microfinance organizations and pawnshops in Uzbekistan issued loans totaling 21.3 trillion soums, doubling the volume …
Uzbekistan Receives US$15.8 Billion in Money Transfers from January to October
From January to October 2025, Uzbekistan’s domestic foreign exchange market saw a rise in the supply of foreign currency that …
Central Bank of Uzbekistan Approves “Roadmap” for Banking Sector Reforms
The Central Bank of Uzbekistan (CBU) has announced the launch of a “Roadmap” for 2025–2028 aimed at improving the regulation …