Tashkent, Uzbekistan (UzDaily.com) — Starting from 24 July, the Central Bank of Uzbekistan will introduce stricter requirements for microloans, as announced by the regulator’s press service.

In particular, a concentration ratio for loans by industry will be established: the share of microloans issued to individuals must not exceed 25% of the bank’s total loan portfolio.

For banks exceeding this limit, an action plan will be developed to align their activities with the requirements. The deadline for implementing the plan is set for 1 January 2029.

Additionally, when issuing microloans, the borrower’s debt-to-income ratio must not exceed 50% of their income. If the borrower spends more than half of their income on debt repayment, the bank is obligated to deny the loan.

The new regulations also set limits on the terms for microloans: for debt-to-income calculations, the maximum term for microloans will be 36 months, for mortgage loans — 180 months, and for other types of loans — 60 months.