Central Bank of Uzbekistan approves new capital requirements for banks in line with Basel III standards
Tashkent, Uzbekistan (UzDaily.com) — On 21 April 2025, the Ministry of Justice registered Resolution No. 2693-13 issued by the Board of the Central Bank of Uzbekistan, which introduces amendments and additions to the regulations on capital adequacy requirements for commercial banks.
The document was developed to ensure the financial stability of the banking system and to harmonize national regulations with international Basel III standards.
According to the new regulations:
The composition of Tier 1 additional capital (AT1) now allows the inclusion of non-cumulative, perpetual instruments, which are treated as capital. The requirements for such instruments are aligned with international practices.
From 1 June 2025, for loans provided to small business entities with an outstanding balance not exceeding 0.2% of the bank's regulatory capital, and a total loan amount of no more than 15 billion soums, the risk weight will be set at 75%.
The Central Bank emphasizes that these changes are aimed at enhancing the resilience of the banking sector and expanding financing opportunities for small businesses, which should contribute to economic growth and improve access to funding for entrepreneurs.