The power of trust

Auto Payment
Enjoy your free time!
More details
Milliy Deposits
Explore more profitable deposits!
More details
Font size:
+998 78 148 00 10 Call Centre:
Operating hours from 9 AM to 9 PM
NBU in social networks:

Attracting foreign investments into banking sector discussed

28.04.2016 2528

Attracting foreign investments into banking sector discussed

Measures to increase foreign investment flow in the banking sector is an important driver of sustainable growth of the economy. This was said at a press conference held in Tashkent. The event was organized by the Central Bank of the Republic of Uzbekistan jointly with Joint-Stock Innovation Commercial Bank "Ipak Yuli".

  In particular, it was noted that at present our Republic has a solid legal framework to attract foreign investments and their effective use. Foreign investment is one of the factors of implementation of the best practices, modern techniques and know-how, modernization and upgrading of production, support of small and private entrepreneurship, increasing incomes by creating new jobs.

  Currently, in Uzbekistan, there are five banks operating with equity participation of foreign investors. Such cooperation allows domestic banks to increase competition in the financial market of the country and promotes public confidence in the banking institutions and the increase in the volume of attracted direct foreign investments into the economy of the country.

  As was emphasized, the Decree of the head of our state "On additional measures on the attraction of foreign investors into joint-stock companies" dated December 21, 2015, is an important policy document. According to the document, the share of foreign investors in the authorized capital of joint stock companies and commercial banks have to be not less than 15 percent. This allows to increase the range of banking services, improve their quality, and to strengthen investment potential.

  Today in Uzbekistan, much attention is paid to modern methods of corporate governance by ensuring the participation of foreign investors in the authorized capital of joint stock companies. Work in this direction is also actively carried out and in the banking sector of our country.


Receive the Latest News

We will send one email a week, no spam

Latest site update date: 09/22/2023 11:54:02 pm

License of the Central Bank of the Republic of Uzbekistan No. 22 dated Dec. 25, 2022
© 2023 NBU. All rights reserved. If you find an error in the text, highlight the wrong text and press Ctrl + Enter

If you find a discrepancy in the information provided in different languages, please follow the option in the state language. When using the site materials reference to web-site is required

Technical support NBU


Message sent!

Please wait for a response to
your email address

Helpdesk NBU

I am your virtual assistant.

Helpdesk NBU

Choose a needed theme

Your message has been sent successfully

Our specialist will answer you within a working day. Due to the high number of requests during the COVID-19 pandemic, there may be some delays in responding to requests.

Take part in improving the quality of service
Please answer 3 questions
Go to quiz