Saturday, 12, September, 2026

Finances

The International Bank of Azerbaijan (ABB, Azərbaycan Beynəlxalq Bankı) has acquired a controlling 51% stake in Davr Bank for 1.646 trillion soums, or roughly $140 million, the Tashkent Republican Stock Exchange said in its report.

Outstanding household loans from banks grew 18.8% over the past year. The Central Bank reported that most of this debt is going toward home purchases.

Uzbekistan has lowered the advance payment required for purchasing state-owned assets and non-agricultural land plots to 15 percent, offering buyers the flexibility to pay the remaining balance in interest-free installments within legally prescribed timeframes.

Uzbekistan will offer tax incentives to banks, investment companies and certain real estate buyers to encourage the recovery of bad debts without recourse to the courts. Property voluntarily surrendered to a bank in settlement of a debt will also be allowed to be sold directly to buyers.

Total assets in Uzbekistan's banking system reached 1,016.6 trillion soums as of August 1, 2026, up 19 percent from the same date a year earlier, the Central Bank said in a report. A year earlier, the figure stood at 852.4 trillion soums.

Central Bank has drafted a regulation setting out the procedure and terms for paying compensation on guaranteed deposits through the Deposit Guarantee Fund.

Lion Finance Group, the parent company of Bank of Georgia, is considering entering Uzbekistan's banking market by acquiring one of the country's “major” local banks. Lion Finance Group CEO Archil Gachechiladze told Bloomberg.

Покупка собственной недвижимости — шаг, требующий взвешенного подхода и глубокого анализа рынка. Когда приобретается квартира, внимание покупателей часто привлекают лишь стильный визуал, рекламные буклеты и заманчивые акции. Однако успешная покупка зависит не только от удачной планировки или метража, но и от репутации компании, которая возводит объект. Разберемся, как проверить застройщика до заключения договора и передачи денег, чтобы минимизировать любые финансовые и юридические риски.

The state's share in Uzbekistan's banking sector has fallen from roughly 85 percent to around 60 percent over the past several years, and the Central Bank intends to keep pushing that trend further, the Central Bank governor Timur Ishmetov said at the Silk Road Finance & Technology Forum in Tashkent Monday.

Twenty-nine percent of bank borrowers in Uzbekistan currently hold more than one loan, with the average borrower carrying 1.7 loans, according to the Central Bank's first-ever financial inclusion report for 2025.

On August 11, the U.S. Department of State released its annual 2026 Fiscal Transparency Report. Based on evaluations covering the 2025 fiscal year, Uzbekistan was placed among 67 governments that failed to meet the minimum standards for budget transparency. The U.S. agency noted that the country made no significant progress compared to the previous assessment period.

Uzbekistan's banks handled foreign currency transactions worth almost $71.2 billion between January and July 2026, the Central Bank reported. That is the highest volume recorded for the first seven months of any year in the past three years.

Remittances flowing into Uzbekistan from abroad rose 13% — or $1.1 billion — to reach $9.3 billion in the first half of 2026, according to a Central Bank review. That compares with $8.2 billion during the same period in 2025.

President Shavkat Mirziyoyev signed Steps to Improve Buy Now Pay Later (BNPL) Services for the Public a decree Friday, the Ministry of Justice has announced.

The Cabinet of Ministers has drafted a resolution approving the feasibility study for a purchase three electric trains, according to a copy of the draft published on the government's regulatory portal.

Оформление автогражданской ответственности давно перестало быть утомительной процедурой с очередями в офисах. Сегодня купить полис можно за 5 минут, не выходя из дома. Электронное ОСАГО имеет такую же юридическую силу, как и бумажный бланк. Разберемся как оформить страховку, какие данные понадобятся, как проходит оформление и на что обратить внимание перед покупкой. 

Uzbekistan's sovereign international bonds denominated in soums will be included in JPMorgan's GBI-EM index, which tracks local-currency government bonds of developing economies, starting September 30, 2026.

The Fiscal Analysis Institute, operating under the Ministry of Economy and Finance, presented a set of proposals for the country's key tax policy directions for 2027 to public discussion at a Fiscal Dialogue session held on July 30.

The mobile payment services Apple Pay and Google Pay could launch in Uzbekistan within the coming months, Jamshid Usmonov, chief of the Payment Systems Development Department at the Central Bank, said.

Uzbekistan plans to launch a national payment switch system in 2027 to process all domestic currency payments, Jamshid Usmonov, chief of the Payment Systems Development Department at the Central Bank said.