The Central Bank of the Republic of Uzbekistan published remarks by Deputy Chairman Abrorkhuja Turdaliyev delivered at a housing finance forum, setting out the central bank’s emphasis on mortgage lending as a key element of the country’s socio-economic reforms and discussing housing market development, including “green” mortgages and innovative financing solutions. In the panel session “Housing and Housing Finance in Uzbekistan: Opportunities and Challenges”, Turdaliyev noted an expectation that Uzbekistan’s mortgage loan portfolio will increase by more than tenfold by 2040 to reach USD 56.7 billion, and identified priorities to expand private sector participation in the mortgage market and build a more inclusive and accessible mortgage system. The forum was organised by the Mortgage Refinancing Company of Uzbekistan in cooperation with the Ministry of Economy and Finance, the Central Bank, and the Asian Development Bank, with the cooperation framed as supporting a stronger long-term mortgage market and a sustainable housing system.
Central Bank of the Republic of Uzbekistan 2025-11-27
Central Bank of the Republic of Uzbekistan highlights mortgage market priorities and a USD 56.7 billion portfolio projection by 2040
The Central Bank of the Republic of Uzbekistan highlighted mortgage lending as crucial to socio-economic reforms at a housing finance forum. Deputy Chairman Abrorkhuja Turdaliyev projected a tenfold increase in Uzbekistan's mortgage loan portfolio by 2040, reaching USD 56.7 billion, and emphasized expanding private sector participation. The forum, organized with the Mortgage Refinancing Company of Uzbekistan and other partners, aimed to support a sustainable housing system.