The management of the Central Bank of the Republic of Uzbekistan, together with Mastercard, held the second meeting of the coordination committee established under the joint Memorandum of Understanding.
On 12-13 February 2024, British Embassy in Tashkent organised two days of expert trainings on compliance with the UK and international sanctions.
The Central Bank of the Republic of Uzbekistan became a member of the International Financial Consumer Protection Organization (FinCoNet). This was announced by the regulator’s press service.
Experts from the Institute of Macroeconomic and Regional Studies analyzed the level of competition in the banking system of Uzbekistan for the 4th quarter of 2023.
Uzbekistan is considering the possibility of introducing a ban on opening bank accounts for persons under economic sanctions. The Legislative Chamber of the Oliy Majlis approved the corresponding bill in the first reading.
The Banking Supervision Committee of the Central Bank of Uzbekistan held 9 meetings in January 2024 and considered 30 issues, the regulator’s press service said in a statement.
The loan portfolio of the banking system of Uzbekistan at the end of 2023 amounted to 471.4 trillion soums, which is 21% higher compared to the same period in 2022, according to data from the Central Bank of Uzbekistan.
The assets of commercial banks of Uzbekistan as of 1 January 2024 amounted to 652.16 trillion soums The real increase in assets compared to 2022 was 12%. This is evidenced by data from the Central Bank of Uzbekistan.