Fitch Rating
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
Fitch Affirms Uzbekneftegaz at “BB” with Stable Outlook
Uzbekistan Narrows Bank-Privatisation Drive to SQB, Says Fitch
Fitch says Tashkent’s new, more selective strategy centers on SQB as a pilot case, with broader bank privatisations unlikely before 2026
Fitch: Uzbekistan’s Banking Sector Strengthens Amid Ongoing Reforms
The Uzbek bank operating environment has strengthened significantly over the past two to three years
Fitch Affirms Kapitalbank’s Rating with Upgraded “Positive” Outlook
Over the last four years, Kapitalbank has shown good profits
Fitch: Uzbek Banks Received $2 Bn in State Support, But New Risks Emerge
Uzbekistan Banks Poised to Dominate CIS Eurobond Market, Says Fitch
Kazakhstani banks have the potential to become leaders in the industry
Fitch Withdraws Rating of UzAgrosugurta
It also highlighted a decline in the company’s financial transparency
Fitch About Uzbekistan’s Rating: Economic Growth, Risks Retention
The report is on the Agency's website
Why Ratings Matter: Understanding the Importance of Uzbekistan’s Credit Ratings for Investors
Fitch Ratings expert shares his ideas about the strengths and weaknesses of the Uzbek economy