Finance

A meeting on improving the quality of work of audit organizations was held in London

Otabek Barakayev, Head of the Accounting and Audit Methodology Department of the Ministry of Economy and Finance of the Republic of Uzbekistan, and Sarvarbek Kurbanbayev, Chief Specialist of the Department, held a meeting with Anthony Barrett, Director of Audit Quality Control of the Financial Reporting Council (FRC) in London, Great Britain.

Uzbekistan's Bank Activity Rating in 3Q 2023

The Center for Economic Research and Reforms (CERR) calculated the "Bank Activity Index" for the 3Q 2023, on the basis of which the rating of banks was updated. The index is calculated for 29 commercial banks grouped into two groups: large (17) and small (12) banks.

Latest News

Foreign Minister of Uzbekistan attended the OSCE 30th Ministerial Council

01/12/2023Read more

Uzbek, Hungarian FMs consider development of relations

01/12/2023Read more

Foreign Minister of Uzbekistan meets with his German counterpart

01/12/2023Read more

HUMO faces malfunctions in its system

n 17 October, a malfunction occurred in the HUMO banking card system.

Geopolitical tensions and inflation are shifting the Uzbek soum to new lows

The exchange rate of the Uzbek soum against the US dollar continues to decrease in the light of increasing geopolitical tensions and slowing inflation in developed countries. On 16 October 2023, the exchange rate reached 12,217.85 soums per 1 US dollar and is approaching a historical low.

History and innovation, or media tour to the head office of TBC Bank in Tbilisi

At the beginning of October, the editorial staff of Uzdaily.uz visited a press tour organized by TBC Bank Uzbekistan and Payme. In just a few days, UzDaily staff were able to immerse themselves in the cultural and banking heritage of Georgia, get acquainted with the cutting-edge innovations presented in the spacious and impressive TBC Concept office, and also learn about the further development of the Payme payment system in Uzbekistan.

Uzbekistan’s gold and foreign exchange reserves decreased by US$1.6 billion.

As of 1 October 2023, Uzbekistan’s gold and foreign exchange reserves decreased by more than US$1.6 billion, according to the report of the Central Bank of Uzbekistan.

A number of insurance companies of Uzbekistan were fined

The National Agency for Advanced Projects, within the framework of fulfilling the tasks and functions of monitoring the insurance market, applied penalties to 8 insurance organizations.

An International Center for Risk Assessment of the Legalization (Laundering) of Proceeds from Crime and the Financing of terrorism is being created in the CIS

An international Risk Assessment Center for the Legalization (Laundering) of Proceeds from Crime and the Financing of Terrorism will appear in the Commonwealth of Independent States.

The Central Bank and Check Point Software Technologies Ltd signed a memorandum of cooperation

A memorandum of understanding was signed between the Central Bank of the Republic of Uzbekistan and Check Point Software Technologies Ltd.

NAPP revokes the license of UNIPOLIS

The National Agency for Prospective Projects (NAPP) canceled the license of UNIPOLIS, the insurance company.

Currency rates from 15/11/2023

$ 1 12289.98 +0.072%
€ 1 13169.94 +0.325%
₽ 1 134.50 +0.817%
Other currencies »