The Central Bank of the Republic of Uzbekistan met with the United Kingdom’s Ambassador to Uzbekistan, Timothy Smart, to discuss Uzbekistan’s recent banking-sector reforms and potential areas for deeper cooperation with UK financial institutions. Discussion topics included consumer protection in banking services, improving financial literacy, developing the microfinance sector, and support for small and medium-sized businesses. Both sides also signalled readiness to cooperate on staff training and strengthening research capacity.
Central Bank of the Republic of Uzbekistan 2025-02-10
Central Bank of the Republic of Uzbekistan discusses expanded cooperation with the United Kingdom on consumer protection, financial literacy and microfinance
The Central Bank of the Republic of Uzbekistan and the UK's Ambassador to Uzbekistan, Timothy Smart, discussed banking-sector reforms and potential cooperation with UK financial institutions. Key topics included consumer protection, financial literacy, microfinance development, and support for SMEs. Both parties expressed willingness to collaborate on staff training and enhancing research capacity.