3 results for "Asakabank"

Central Bank Maintains Key Interest Rate Amid Persistent Food Price Inflation and External Risks

Uzbekistan's Central Bank holds the key interest rate at 14% due to ongoing food price inflation and external economic uncertainties despite overall inflation easing.

Editorial Team · Apr 30, 2026

Business

Uzbek Banks See 1.8 Trillion UZS Rise in Non-Performing Loans Amid Credit Growth

Uzbekistan's banks expanded their loan portfolios to over 623 trillion soms in Q1 2026, with non-performing loans rising by 1.8 trillion soms, mainly in state banks.

Editorial Team · Apr 28, 2026

Business

Uzbekistan Accelerates Privatization of Asakabank Amid Financial Restructuring Efforts

Uzbekistan accelerates Asakabank’s privatization, restructures assets, and plans significant capital infusion to reinforce financial stability and modernize banking operations.

Editorial Team · Apr 21, 2026