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.
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.
By decree of the President of the Republic of Uzbekistan, Alimov Abror Mirzo Mukhammadkosimovich was appointed Deputy Chairman of the Central Bank of the Republic of Uzbekistan.
The gold and foreign exchange reserves of the Central Bank of Uzbekistan increased by $ 2.0 billion in September and exceeded $ 41.1 billion. In particular, foreign currency reserves increased from $8.2 billion to $8.7 billion (in August they grew from $7.7 billion to $8.2 billion).
The representative office of the credit and financial organization was established in order to study the country's market and establish cooperation with its government agencies and commercial banks.
In September of this year, some commercial banks implemented a new information system without notifying the Tax Committee. As a result of the improvements carried out by the bank's programmers, some of the payment orders were not executed.
