News Uzbekistan: 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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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 ...