Tashkent, Uzbekistan (UzDaily.uz) — Banks in Uzbekistan will be required to warn customers about the risks of late loan repayment in advertising and credit agreements. A corresponding resolution of the Central Bank Board was registered with the Ministry of Justice on 30 September 2026 under No. 3948 and will enter into force one month after its official publication.
Resolution No. 24/18 was adopted by the regulator’s board on 15 September 2026 pursuant to Presidential Resolution No. PP-265 of 15 July 2026 on improving public services and creating additional conveniences for citizens. The document was signed by Central Bank Chairman Timur Ishmetov.
The amendments were made to the regulation establishing minimum requirements for commercial banks when interacting with consumers of banking services. Under the new provision, any credit advertisement must include a warning that failure to fulfil loan obligations may expose the borrower to financial risks. In print and electronic visual advertising, the warning must occupy at least 10% of the advertising area, while in audio and video advertising it must account for at least 10% of the advertisement’s duration.
The warning will be even more prominent in credit agreements. It must be placed on the first page of the agreement before the main text and occupy at least 30% of the page. The wording of the warning has been approved as a standard form.
It states that late fulfilment of obligations may lead to an increase in the total amount of debt and enforcement measures. The borrower’s property may be subject to recovery, and if the proceeds from its sale are insufficient to repay the debt, the remaining debt will continue to be owed by the borrower. Recovery may also be directed at property pledged by a third party, while the guarantor may be required to repay the debt. Amounts paid by a guarantor or pledgor may subsequently be recovered from the borrower.
Other possible consequences listed in the warning include the seizure of funds in bank accounts, a temporary restriction on the right to leave Uzbekistan by court or state enforcement officer decision, and deterioration of the borrower’s credit history, which may limit the ability to obtain credit in the future. Banks will be allowed to present the warning as graphics, an infographic or another visual format, provided that its full content is retained.
The regulation governing measures and sanctions against banks, non-bank credit organisations and credit bureaus has also been supplemented. The grounds for applying enforcement measures now include cases where a credit product offered by a bank is deemed misleading to consumers.
The existing rules already require banks to present advertising information without abusing consumers’ trust or exploiting a lack of experience or knowledge, and prohibit advertising from misleading consumers about the terms of banking services.
