Finance

The situation with the provision of deposit services to the population in banks has been analyzed

The Central Bank of the Republic of Uzbekistan hosted a meeting of the Banking Supervision Committee of the Central Bank following the results of a case study on the provision of deposit services to individuals in commercial banks. It was attended by representatives of commercial banks.

ADB, Korzinka sign loan to sustain food security and farmer livelihoods in Uzbekistan

The Asian Development Bank (ADB) and Anglesey Food Foreign Enterprise LLC (Korzinka) have signed US$12 million in debt financing to promote food security and sustain the livelihoods of more than 5,000 employees and 1,200 farm workers in Uzbekistan.

Latest News

The license of SFI Management Group for trust management of investment assets was canceled

17/01/2022Read more

ILO downgrades labour market recovery forecast for 2022

17/01/2022Read more

MFAs of Uzbekistan, Turkmenistan hold another round of political consultations

17/01/2022Read more

HUMO and UZCARD terminals starts to accept cars of each other

In order to fulfill the Decree of the President of the Republic of Uzbekistan "On approval of the digital Uzbekistan-2030 strategy and measures for its effective implementation," UZCARD and HUMO payment systems completed the first stage of mutual integration - a demonstration of payment acceptance was held on the terminals of both systems.

The payment system "Unified cross-border money transfers" was created

A resolution of the Cabinet of Ministers "On measures to create a payment system to ensure cross-border money transfers" was adopted.

The total external debt of Uzbekistan reaches US$37.6 billion.

The volume of the total external debt of Uzbekistan as of 1 October 2021 made up US$37.6 billion, having increased by 11% or by US$3.7 billion compared to the beginning of this year, the Central bank of Uzbekistan said in a report.

State budget expenditures increased

The amendments were introduced to the Law "On the State Budget of the Republic of Uzbekistan for 2021".

Central Bank of Uzbekistan: the number of bank cards in circulation exceeds 26.5 million

As of 1 December 2021, the number of users of remote banking services in the republic exceeded 20 million people.

Transfers to Uzbekistan from Europe to UZCARD and Humo cards can now be sent without commission

Uzbeks living and working in Europe have a new opportunity to send money transfers to their homeland without paying a commission. An additional convenience is that money is immediately credited to the cards of the national payment systems Uzcard and Humo. The service is provided in the KoronaPay mobile application.

Uzbekistan’s official reserves exceed US$ 34.75 billion.

The volume of Uzbekistan’s official reserves as of 1 December 2021 exceeded US$ 34.75 billion, according to data from the Central Bank.

IMF helps Uzbekistan to draft Concept Paper on Pension System Reform

The Ministry of Finance hosted a meeting between Minister Timur Ishmetov and an International Monetary Fund (IMF) mission led by Chaba Feher, Senior Economist at the Department of Fiscal Affairs.

Currency rates from 18/01/2022

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