Uzbekistan News

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Find here all the latest articles, news, and research on Uzbekistan and other Uzbekistan-related topics:

Find here all the latest articles, news, and research on Uzbekistan and other Uzbekistan-related topics:

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ITFC, PJSCB Orient Finans launch trade finance facility in Uzbekistan

News | E-invoicing, SCF & E-procurement | 22 Jan 2021

The ITFC has signed a USD 10 million Line of Trade Finance Agreement with PJSCB Orient Finans to support private sector and SME development in Uzbekistan.

ITFC, PJSCB Orient Finans, SMEs, supply chain finance, trade finance, SCF, Uzbekistan, IsDB, OIC member

Uzbekistan-based People's Bank, Finastra partner for risk management business

News | Digital Identity, Security & Online Fraud | 03 Aug 2020

UK-based fintech Finastra has partnered with Uzbekistan’s People’s Bank for deploying Fusion Risk, a technology feature used for automating risk management business.

Uzbekistan, People’s Bank, Finastra, risk management business, fintech, Fusion Risk, automation, FinExtra Group, Neoflex, single point of control, user experience, ALM, FTP, IFRS 9, Basel II, Basel III

Uzbekistan planning to reform banking system

News | E-invoicing, SCF & E-procurement | 13 May 2020

The president of Uzbekistan has announced planning to reform the banking system and sell off state shares in six Uzbek banks.

Uzbekistan, banking, Ipoteka Bank, Uzpromstroybank, Asaka Bank, Alokabank, Qishloq Qurilish Bank, Turonbank, National Bank for Foreign Economic Affairs, Agrobank, Microcreditbank, financial, loans

Uzbekistan substantially updates payments services regulations

News | Online Payments | 11 May 2020

Uzbekistan has updated its regulations regarding payments systems, to clarify whether companies need to be licensed for providing payment services in the country.

Uzbekistan, Central Bank of Uzbekistan, Rules on the Issuance and Circulation of Electronic Money, e-money, electronic money, online payments, payments regulation

Paysend allows global money transfers to Uzbekistan

News | Payments General | 04 Dec 2019

The UK-based fintech business Paysend has launched global money transfers to Uzbekistan, thus expanding its worldwide footprint for its Global Transfers service.

Paysend, launch, money transfers, Uzbekistan, UK, fintech, online transfers

WebMoney introduces WMY wallet for residents of Uzbekistan

News | Payments General | 08 Jul 2019

The global system WebMoney Transfer has announced its market entry to Uzbekistan and introduced a WMY wallet in Uzbekistan Som (UZS).

WebMoney Transfer, Uzbekistan, launch, WMY wallet, cashless payments, QR code