The Central Bank of the Republic of Uzbekistan became a member of the International Financial Consumer Protection Organization (FinCoNet). This was announced by the regulator’s press service.
Uzbekistan is considering the possibility of introducing a ban on opening bank accounts for persons under economic sanctions. The Legislative Chamber of the Oliy Majlis approved the corresponding bill in the first reading.
The Banking Supervision Committee of the Central Bank of Uzbekistan held 9 meetings in January 2024 and considered 30 issues, the regulator’s press service said in a statement.
The loan portfolio of the banking system of Uzbekistan at the end of 2023 amounted to 471.4 trillion soums, which is 21% higher compared to the same period in 2022, according to data from the Central Bank of Uzbekistan.
The assets of commercial banks of Uzbekistan as of 1 January 2024 amounted to 652.16 trillion soums The real increase in assets compared to 2022 was 12%. This is evidenced by data from the Central Bank of Uzbekistan.
On 13 February, President of the Republic of Uzbekistan Shavkat Mirziyoyev received the Chairman of the Board of the largest Hungarian bank - OTP Bank - Sándor Csányi.
The Central Bank of Uzbekistan hosted a meeting with the representatives of the Hungarian delegation headed by the Chairman of OTP Bank Group, Sándor Csányi .
The volume of nonperforming loans (NPL) of commercial banks in Uzbekistan as of 1 January 2024 made up 16.62 trillion soums, according to data of the Central Bank of Uzbekistan.
From 1 April, for large taxpayers, and from 1 July 2024, for all business entities on the territory of Uzbekistan, a system for registration, storage and accounting of invoices (CTR) in electronic form will be introduced.