My Financial News from Uzbekistan

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Uzbekistan , Thursday 16 July 2026

News Uzbekistan: Can Islamic Finance Drive Banking Sector Development in Uzbekistan?

Published on: Tuesday 29 August 2023
Can Islamic Finance Drive Banking Sector Development in Uzbekistan?
News source: https://thediplomat.com/2023/08/can-islamic-finance-drive-banking-sector-development-in-uzbekistan/

Although there are challenges, such as a lack of legislation and expertise, Islamic finance may present new avenues for attracting investment. According to Mordor Intelligence, Islamic finance has ...

News Uzbekistan: Uzbekistan's Octobank Wins Global Banking & Finance Awards(R) 2026 in Two Categories

Published on: Thursday 02 July 2026
Uzbekistan's Octobank Wins Global Banking & Finance Awards(R) 2026 in Two Categories
News source: https://finance.yahoo.com/markets/stocks/articles/uzbekistans-octobank-wins-global-banking-094000367.html

TASHKENT, UZBEKISTAN / ACCESS Newswire / July 3, 2026 / Uzbekistan's Octobank has been named among the winners of the international Global Banking & Finance Awards® 2026 and recognized in two categories: "Best Digital Bank Uzbekistan 2026" and "Best ...

News Uzbekistan: Uzbekistan ranks among Belarus’ top five exchange trade partners

Published on: Wednesday 08 July 2026
Uzbekistan ranks among Belarus’ top five exchange trade partners
News source: https://eng.belta.by/economics/view/uzbekistan-ranks-among-belarus-top-five-exchange-trade-partners-182982-2026/

According to the results of H1 2026, Uzbekistan’s companies ranked fourth in terms of transaction value on the Belarusian Universal Commodity Exchange.

News Uzbekistan: Uzbekistan’s trading house opened in Minsk

Published on: Wednesday 08 July 2026
Uzbekistan’s trading house opened in Minsk
News source: https://eng.belta.by/economics/view/uzbekistans-trading-house-opened-in-minsk-182976-2026/

As Davron Vakhabov noted, electrical appliances and home textiles are represented at the trading house. “Uzbekistan’s trade turnover with Belarus can go as high as $1 billion, and the presidents of both countries have set the goal to raise it to $2 billion. The trading house’s operation will help achieve the goal,” he said.

News Uzbekistan: TBC Bank Uzbekistan Secures $10 Million Loan From responsAbility Investments AG

Published on: Friday 21 June 2024
TBC Bank Uzbekistan Secures $10 Million Loan From responsAbility Investments AG
News source: https://finchannel.com/tbc-bank-uzbekistan-secures-10-million-loan-from-responsability-investments-ag/121055/american-business-trends/banks/2024/06/

The FINANCIAL — TBC Bank Uzbekistan has secured a $10 million credit line from Switzerland-based impact investor responsAbility Investments AG. The funds will be used to further expand TBC ...

News Uzbekistan: EDB Expands Into Digital Economy With $70 Million Loan Agreement With Uzbekistan's Uzum

Published on: Monday 18 May 2026
EDB Expands Into Digital Economy With $70 Million Loan Agreement With Uzbekistan's Uzum
News source: https://finance.yahoo.com/economy/policy/articles/edb-expands-digital-economy-70-051000010.html

The Eurasian Development Bank (EDB) has signed a $70 million investment loan agreement with Uzum, Uzbekistan's leading largest digital ecosystem, to accelerate the expansion of Uzum's FinTech business, one of the leading and fastest-growing players in Uzbekistan's burgeoning digital finance market.

News Uzbekistan: Uzbekistan To Liberalize Currency Regulations Starting September 5

Published on: Sunday 03 September 2017
Uzbekistan To Liberalize Currency Regulations Starting September 5
News source: https://www.rferl.org/a/uzbekistan-currency-sum-dollar-convertible-liberalization-exchange/28714017.html

Uzbekistan says it will liberalize its currency regulations, no longer fixing the som to the U.S. dollar and removing restrictions on the amount of foreign currencies individuals and companies can buy ...

News Uzbekistan: Uzbekistan Devalues Currency As It Emerges From Decades-Long Isolation

Published on: Tuesday 05 September 2017
Uzbekistan Devalues Currency As It Emerges From Decades-Long Isolation
News source: https://www.rferl.org/a/uzbekistan-devalues-currency/28718291.html

Uzbekistan has devalued its currency by almost half as the former Soviet republic floated the som to end more than two decades of economic and market isolation. The country’s central bank rated the ...

News Uzbekistan: Independent Media Windows Into Uzbekistan Face Financial Facts

Published on: Friday 22 March 2013
Independent Media Windows Into Uzbekistan Face Financial Facts
News source: https://www.rferl.org/a/uzbekistan-independent-media-funding/24936306.html

Despite formidable obstacles, independent media has for years managed to maintain an on-the-ground presence in Uzbekistan. But that rare window into a country of 30 million renowned for its ...

News Uzbekistan: Octobank and the New Role of Uzbekistan's Banks in the Development of Digital Financial Infrastructure

Published on: Tuesday 02 June 2026
Octobank and the New Role of Uzbekistan's Banks in the Development of Digital Financial Infrastructure
News source: https://finance.yahoo.com/economy/policy/articles/octobank-role-uzbekistans-banks-development-133500711.html

TASHKENT, UZ / ACCESS Newswire / June 3, 2026 / Uzbekistan's financial sector is undergoing a period of significant transformation. Banks are increasingly moving away from traditional service models toward digital solutions that are reshaping not ...

News Uzbekistan: The First Bukhara Biennial Reveals That the Most Expensive Ingredient Is Time

Published on: Thursday 09 October 2025
The First Bukhara Biennial Reveals That the Most Expensive Ingredient Is Time
News source: https://observer.com/2025/10/art-review-analysis-bukhara-biennial-recipes-for-broken-hearts/

Uzbekistan, a central region in the Silk Road and Soviet Union, has long connected “East and West” through major cities like Samarkand, Bukhara and its present-day capital, Tashkent. The contemporary ...

News Uzbekistan: Uzbekistan and Masdar sign loan agreements for 100MW solar project

Published on: Tuesday 22 December 2020
Uzbekistan and Masdar sign loan agreements for 100MW solar project
News source: https://www.pv-tech.org/uzbekistan-and-masdar-sign-loan-agreements-for-100mw-solar-project/

Solar developer Masdar has agreed loans from several global lenders for a 100MW solar PV project in the city of Sherabad, Uzbekistan. Called the Nur Navoir Solar project, it is the country’s first ...

News Uzbekistan: Uzbekistan’s loans to individuals edge up in early 2026

Published on: Monday 13 April 2026
Uzbekistan’s loans to individuals edge up in early 2026
News source: https://www.trend.az/business/4174345.html

TASHKENT, Uzbekistan, April 14. Loans issued to individuals by Uzbekistan’s banking sector reached 223.95 trillion soums ($18.4 billion) as of March 1, 2026, marking a 1.7% increase compared to the ...

News Uzbekistan: Uzbekistan's State Assets Management Agency launches privatization of large real estate assets

Published on: Thursday 01 April 2021
Uzbekistan's State Assets Management Agency launches privatization of large real estate assets
News source: https://www.worldpropertyjournal.com/press-releases/uzbekistans-state-assets-management-agency-launches-privatization-of-large-real-estate-assets-12448.php

Tashkent, 1 April 2021 - The State Asset Management Agency of the Republic of Uzbekistan ("UzSAMA") announces the start of a public sale process for several major state-owned real estate assets.

News Uzbekistan: Uzbekistan’s best bank for real estate: SQB

Published on: Monday 18 November 2024
Uzbekistan’s best bank for real estate: SQB
News source: https://www.euromoney.com/article/2dynr3fs1uia98qlc0iyp/awards/real-estate-awards/uzbekistans-best-bank-for-real-estate-sqb/

SQB is supporting the growth of Uzbekistan’s real estate by extending mortgage loans to clients – the bank’s share of the overall Uzbek mortgage market, at 21%, underscores its pivotal role. SQB is ...

News Uzbekistan: Influx Of Russians, Return Of Labor Migrants Jacking Up Real Estate In Uzbekistan

Published on: Saturday 19 March 2022
Influx Of Russians, Return Of Labor Migrants Jacking Up Real Estate In Uzbekistan
News source: https://www.rferl.org/a/uzbekistan-russians-ukraine-war-skyrocketing-prices/31761937.html

As hundreds of thousands of Russians leave their homeland amid the Ukraine war and resulting economic crisis, the new arrivals in Uzbekistan have caused rental prices and home sales to skyrocket in the capital, Tashkent.

News Uzbekistan: Uzbekistan and the World Bank Discuss Opportunities for Expanding Their Partnership

Published on: Monday 30 September 2024
Uzbekistan and the World Bank Discuss Opportunities for Expanding Their Partnership
News source: https://www.worldbank.org/en/news/press-release/2024/10/01/uzbekistan-and-the-world-bank-discuss-opportunities-for-expanding-their-partnership

TASHKENT, October 1, 2024 – Antonella Bassani, World Bank Regional Vice President for Europe and Central Asia, visited Samarkand and Tashkent, Uzbekistan, from September 26 to 30, 2024. In Tashkent, ...

News Uzbekistan: Uzbekistan’s mobile bank TBC bags $37M to expand with new AI and insurance products

Published on: Thursday 19 December 2024
Uzbekistan’s mobile bank TBC bags $37M to expand with new AI and insurance products
News source: https://techcrunch.com/2024/12/20/uzbekistans-mobile-bank-tbc-bags-37m-to-expand-with-new-ai-and-insurance-products/

Uzbekistan’s mobile-exclusive bank, TBC Bank Uzbekistan, has raised $37 million in a new funding round to bolster its dominating digital presence in the Central Asian nation by developing new AI and ...