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Finance

Goods and services in the consumer market in Uzbekistan increased on average by 0.8%

In March 2021, goods and services in the consumer market in Uzbekistan increased on average by 0.8%, the State Statistics Committee of Uzbekistan said.

01/04/2021Read more

Central Bank: PAYLOAD receives a license for the right to carry out the activities of a payment organization

The PAYLOAD limited liability company was issued a license to carry out the activities of a payment organization by the decree of the Board of the Central Bank.

31/03/2021Read more

Latest News

The 1050th anniversary of the birth of Abu Raikhan Beruni to be widely celebrated with the participation of UNESCO

17/04/2021Read more

Uzbekistan may start production of its own vaccine against COVID-19 by the end of the year

17/04/2021Read more

AKFA Group launches the first annual scholarship program for university students

17/04/2021Read more

Central Bank: "TEZPAY" receives a license

By the decree of the Board of the Central Bank, TEZPAY limited liability company was issued a license for the right to carry out the activities of a payment organization.

30/03/2021Read more

EBRD appoints Zsuzsanna Hargitai as new Managing Director, Central Asia

Zsuzsanna Hargitai has been appointed new Managing Director, Central Asia for the European Bank for Reconstruction and Development (EBRD). In this role she will oversee the Bank’s operations in Kazakhstan, Kyrgyz Republic, Mongolia, Tajikistan, Turkmenistan and Uzbekistan, a vast and diverse region where the EBRD has invested US$16.5 billion (€13.7 billion) through almost 890 projects to date.

30/03/2021Read more

Citizens’ applications for loans to be accepted through the electronic platform

A resolution of the President "On additional measures carried out within the framework of programs for the development of family entrepreneurship" was adopted.

29/03/2021Read more

Financial services provided in Uzbekistan reach 8.3 trillion soums

According to the State Committee on Statistics, in January-February 2021, market services in the amount of 39.14 trillion soums were provided in Uzbekistan. The nominal volume of market services increased by 4.78 trillion soums. Compared to the same period last year, the growth rate was 4.1%.

29/03/2021Read more

International UnionPay cards are now accepted in the HUMO network

On 23 March 2021, the National Interbank Processing Center (NMPC) and the UnionPay International (UPI) payment system announced the start of cooperation. Now UnionPay cardholders will be able to pay for goods and services, as well as withdraw cash throughout Uzbekistan through HUMO terminals and ATMs.

25/03/2021Read more

Director of the Department of International Financial Relations of the Ministry of Finance of Uzbekistan appointed

Azhiniyaz Kaipnazarov was appointed director of the Department of International Financial Relations of the Ministry of Finance of the Republic of Uzbekistan.

25/03/2021Read more

Agreement between UNDP and the Ministry of Finance to better align Eurobonds with SDGs

A Memorandum of Understanding (MoU) has been signed by representatives of the Ministry of Finance of Uzbekistan and UNDP, which will serve to ensure better alignment of the issuance of Eurobonds with efforts to achieve the Sustainable Development Goals (SDGs), and build transparency and accountability for national public and investors. This agreement to strengthen the financing of national sustainable development has been made possible by the success of a dual tranche of Eurobonds issued in November 2020, worth US$555 million and 2 trillion Soums, respectively, with maturities in 2030 and 2023.

25/03/2021Read more

PERFECT INSURANCE LLC has been issued a license

In accordance with the order of the Agency for the Development of the Insurance Market under the Ministry of Finance of the Republic of Uzbekistan, an Insurance organization in the form of a limited liability company "PERFECT INSURANCE" was issued a license of the SF series No. 00015 dated March 19, 2021 for the implementation of voluntary and compulsory insurance by class 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16 and 17 branches of general insurance, including compulsory insurance of civil liability of vehicle owners, compulsory insurance of the employer's civil liability and compulsory insurance of the carrier's civil liability.

24/03/2021Read more

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