EIB Nears Launch of First Central Asia Office in Uzbekistan
EIB Vice-President Kyriacos Kakouris says administrative steps are nearly complete, with the Uzbekistan-based hub set to deepen regional financing under Global Gateway
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Gold Surges Past $4,300, Set for Best Weekly Rally Since 2008
Bullion has jumped around 8.6% this week
Gold Price Rises By Over $100 In A Day Reaching $4,200
Gold’s Relative Strength Index stands at 85
Gold Breaks $4,000 Record on Rate Cut Expectations and Rising Global Tensions
The metal has been one of 2025’s standout performers
Gold Prices Reach Record High as U.S. Shutdown and Rate Cut Bets Drive Surge
Spot gold climbed 0.4%
Uzbek Banks Strengthen Stability as Rankings Shift in Q3 2025
Total assets reached 863 trln sums ($71.2 bn)
Halyk Bank Approved to Acquire 49% of Click for $176 Mln
Click will acquire 49% of Tenge Bank
Alif Uzbekistan Moves Towards Banking Licence to Support SMEs
Alif entered the Uzbek market in 2019
Frank RG: Digitalisation, Open Banking and Privatisation to Propel Uzbekistan’s Banking Sector Over Next Five Years
Analysts, however, expect this rapid pace to ease during 2025–2026
TBC Bank Acquires Stake in Billz
TBC Bank Group PLC has been authorised to acquire a 46.67% share in Shoppe Group
CitiBank Opens Representative Office in Tashkent
CitiBank is an international bank and a part of Citigroup
S&P Global Ratings Upgrades Kapitalbank to BB- with Stable Outlook
Fitch: Uzbekistan’s Banking Sector Strengthens Amid Ongoing Reforms
The Uzbek bank operating environment has strengthened significantly over the past two to three years
Citibank to Open Representative Office in Uzbekistan
Citibank’s office in Tashkent will be opening soon
Kapitalbank retains top position in Uzbekistan’s Q2 2025 rating
Uzbekistan’s banks show mixed results in Q2 2025
Uzbek Banker Kidnapped in Paris and Tortured for Ransom
Uzbek banker Kahramonjon Olimov was kidnapped in Paris, beaten and released after paying ransom. French police arrested one suspect.
Uzbekistan’s Central Bank to Assess Risk Profiles of All Banks in 2025
This was stated by a spokesperson for the regulator
Uzbekistan’s Regional Business Activity Shows Robust Growth in April 2025
Kursiv Uzbekistan has the access to the analytics.
Personal Goals Under Control: Requirements for Obtaining Loan in Uzbekistan
Kursiv Uzbekistan interviewed AVO Bank Board Member Igor Kim about the advantages and potential pitfalls of credit cards
Senate Approves Law on Bank Bailout in Uzbekistan
Uzbekistan’s Central Bank to Tighten Oversight of Large Bank Transfers
Uzbekistan is working on the creation of a relevant draft law
Fitch: Uzbek Banks Received $2 Bn in State Support, But New Risks Emerge
Focus on Uzbekistan: Navigating Growth, Investment, Sustainability in the EBRD Regions
“It is safer and more beneficial to keep money in a bank than at home, even if the amount exceeds 200 mln soums.”
Rustam Rafikov, Acting Managing Director and Head of Octobank Retail Block, explains what this means for depositors.