The Central Bank of the Republic of Uzbekistan held talks with an International Finance Corporation delegation led by Regional Director for Central Asia and Turkey Vibke Schloemer, focusing on expanding cooperation to support further development of Uzbekistan’s financial sector. Discussions covered banking and non-banking sector development, financial infrastructure, and improving access to financial services for small and medium-sized businesses. Priorities included supporting the development of factoring projects and attracting new participants to the microfinance and hedging markets, alongside a call for more regular interaction among the regulator, relevant agencies, market participants, and international partners.
Central Bank of the Republic of Uzbekistan 2025-02-10
Central Bank of the Republic of Uzbekistan and IFC discuss expanded cooperation on financial sector development and SME finance
The Central Bank of the Republic of Uzbekistan and the International Finance Corporation discussed expanding cooperation to enhance Uzbekistan's financial sector. Key topics included banking and non-banking sector development, financial infrastructure, and improving access to financial services for small and medium-sized enterprises. Priorities also involved developing factoring projects and attracting new participants to microfinance and hedging.