A meeting with World Bank experts was held at the Central Bank within the framework of the next World Bank program on reforming the financial sector of Uzbekistan.
New projects and directions that are planned to be implemented within the framework of the mission were discussed at the meeting.
In particular, the parties discussed the development of consumer protection of banking services, supervision of microfinance organizations, green finance and payment systems, as well as the processes of developing relevant regulatory documents.
Membership in the international organization APWG (Anti-Phishing Working Group) provides the CERT-CBU Cybersecurity Center of the Central Bank with the opportunity to share experience in ensuring cybersecurity in banking and payment systems, as well as receive timely warnings about cyber threats that occur worldwide.
Chairman of the Central Bank of Uzbekistan Timur Ishmetov met with the heads of private commercial banks, as well as banks with foreign capital participation.
The Central Bank of Uzbekistan held a meeting with a delegation headed by Liu Hang, Vice President of the international payment system UnionPay, at which they discussed the company's activities in the country, the results achieved and plans for the future.
In January-October of this year, the volume of money transfers to Uzbekistan amounted to $ 12.6 billion, which is 34% more than in the same period last year.
By the decision of the Board of the Central Bank of the Republic of Uzbekistan (reg. No. 3283-1 of 11/14/2024), amendments were made to the Regulation on the maximum amount of risk per borrower, including persons associated with the bank or a group of interrelated borrowers (Reg. No. 3283 of 10/29/2020).
The gold and foreign exchange reserves of the Central Bank of Uzbekistan increased by $ 2.0 billion in October and reached $ 43.1 billion. In particular, foreign currency reserves increased from $8.7 billion to $9.2 billion (in September they grew from $8.2 billion to $8.7 billion).
As part of the Cyber Security summit 2024 event in Tashkent, a memorandum of understanding was signed between the Central Bank of the Republic of Uzbekistan and the Central Asian Fintech Association.
