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Banks & Finance

December 5, 2025
Alexander Ten Nigora Umarova

Uzbekistan’s Ministry of Economy Reveals Draft Budget for 2026

The ministry also set a lower cap of on foreign borrowing
December 5, 2025
Elena Kim Nigora Umarova

TBC Bank Climbs 18 Places in The Banker Ranking, Ranks 51st in CIS

TBC Uzbekistan expanded its customer base to 22 mln
December 4, 2025
Nigora Umarova

Uzbekistan Ranks Among Top Gold Buyers in October

Other active buyers included Indonesia, Turkey, the Czech Republic
December 3, 2025
Margarita Baskakova

Fitch Forecasts Rise in Problem Loans at Uzbek Banks

December 3, 2025
Nigora Umarova

Central Bank of Uzbekistan Forecasts 7.5% Economic Growth

The fiscal deficit is forecast at 3% of GDP
December 3, 2025
Alexander Ten Nigora Umarova

Revolut Restricts Transfers to France from Uzbekistan and Kazakhstan

Russian nationals based in the EU were unable to top up their Revolut accounts
December 2, 2025
Margarita Baskakova

How Fitch Ratings’ 2026 Outlook for “CIS+” Banks Reflects on Uzbekistan’s Banking Sector

Fitch highlights stability risks and reform priorities for Uzbekistan’s banking sector
November 28, 2025
Margarita Baskakova Vadim Erzikov

New Era Reserves: Why Uzbekistan’s Central Bank Is Changing the Game

Deputy Chairman of the regulator Abror Mirzo Olimov explained the country’s reserve management strategy
November 28, 2025
Nigora Umarova

Uzbekistan to Launch Open Banking and New Fintech Measures in 2025

The reforms also include a special regime for using tokens as a means of payment
November 27, 2025
Nigora Umarova

EBRD Offers $40 Mln Facility to Boost Uzbekistan’s Mortgage Market

The project is expected to help consolidate high-quality mortgage portfolios
November 27, 2025
Nigora Umarova Vadim Erzikov

World Bank Expert Calls for Flexible Exchange Rate in Uzbekistan

Interventions should focus on market functioning
November 27, 2025
Nigora Umarova

World Bank: 10% Productivity Rise Could Create New Jobs in Europe and Central Asia

Export-focused firms remain the most productive in the region
November 27, 2025
Alexander Ten Nigora Umarova

Uzbekistan Advised by IMF to Strengthen Banking Oversight

The fund also praised Uzbekistan’s progress towards joining the WTO
November 27, 2025
Alexander Ten Nigora Umarova

IMF Praises Uzbekistan’s Strong Economic Growth

Growth was supported by increased investment and strong consumer demand
November 26, 2025
Alexander Ten Nigora Umarova

Uzbekistan Projects $43 Bn Budget Revenue for 2026

Value added tax will provide the largest share of income
November 26, 2025
Alexander Ten Nigora Umarova

Uzbekistan To Reach $200 Bn GDP by 2030

GDP is expected to grow by 7% this year
November 24, 2025
Margarita Baskakova

Nvidia Backs Revolut in Share Sale Valuing Fintech at $75Bn

Nvidia joins major investors as Revolut hits $75bn valuation in secondary share sale
November 24, 2025
Margarita Baskakova

S&P Upgrades Uzbekistan’s Rating to “BB” on Reforms and Gold Boost

S&P lifts rating to ‘BB’ as reforms, strong growth and gold reserves strengthen Uzbekistan’s outlook
November 24, 2025
Nigora Umarova

Shinhan Bank Adds Uzbek and Nepali to Foreign-Language Services

The bank now provides consultations in 12 languages
November 21, 2025
Margarita Baskakova

Three Altcoins Analysts Are Watching as Bitcoin Nears $80K

Analysts highlight Zcash, Pi Coin and Tensor as potential outperformers if Bitcoin slides further
November 21, 2025
Alexander Ten Nigora Umarova

Microfinance and Pawnshop Activity Rises in Uzbekistan by Q3 2025

During this period, both assets and capital of these institutions increased
November 21, 2025
Nigora Umarova

Uzbekistan Becomes Largest Net Seller of Gold as Prices Surge

The Central Bank of Uzbekistan sold more gold than it purchased
November 20, 2025
Margarita Baskakova

Fitch Affirms Uzbekneftegaz at “BB” with Stable Outlook

November 19, 2025
Margarita Baskakova

Bitcoin Could Fall to $10K, Bloomberg Analyst Warns in Stark Bear Case

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