Uzbek Banks Strengthen Stability as Rankings Shift in Q3 2025
Total assets reached 863 trln sums ($71.2 bn)
Bank
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.
Former Vice-Chairman of Octobank Becomes Head of Humo
He will continue to lead the company until March 2028
Alokabank: The Bank of Choice for Young People
The head of state signed the document regarding the transformation of the financial organisation.
Uzpromstroybank’s Initiative to Boost Startups in “Mahallas”
A venture capital firm has been established for these purposes
TBC Uzbekistan Reports 97% Net Profit Growth
During the first nine months of 2024