Banking sector

1.1 General Overview

There is two-tier banking system in Uzbekistan with a Central Bank of the Republic of Uzbekistan (the Central Bank) as a market regulator on the first level and 28 commercial banks that are currently operating in Uzbekistan, including 3 state-owned banks, 11 joint-stock banks, 9 private banks and 5 banks with foreign capital (see the table below).

As of January 1, 2007 total banks’ assets amount to USD 5,807,000,000. 80% share of such total assets is formed by the assets of 5 Uzbekistan’s largest banks, which are the National Bank for Foreign Economic Activity, Asaka Bank, Uzpromstroybank, Pahtabank and Ipot...

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Banking sector

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All payments currently accepted via bank transfers only. Please complete a form below to receive an Agreement for our product and invoice.