The Central Bank currently has no plans to strengthen proactive (macroprudential) measures to ensure financial stability, said Governor Mamarizo Nurmuratov at a recent press conference.
«We aren’t introducing additional restrictions or measures on microloans right now,» he confirmed.
Nurmuratov added that last year’s requirements on car loans, along with the macroprudential measures implemented on July 1, are set to optimise the microloan process.
Looking ahead, the Central Bank will assess the impact of these measures and may consider new initiatives if needed.
Kursiv Uzbekistan also reports that small businesses will have the opportunity to refinance loans at a preferential rate.
