Central Asia fintech news
Page 22
UAE's Abu Dhabi Commercial Bank Registers New Subsidiary in Kazakhstan
The UAE investor has established a universal bank, capitalized it with 20 billion tenge, and plans to develop Islamic financing.
Fitch Upgrades Outlook for Microcreditbank Following Uzbekistan's Sovereign Rating
The international agency improved the outlook for seven state-owned banks in the country. The assessment relies on state support rather than the banks’ independent performance.
Kazakhstan's Freedom Bank Connects to Tajikistan's Unified QR
The bank’s clients can pay for purchases at 31,051 retail locations in the neighboring country via the app. The conversion from somoni to tenge and the exchange rate are displayed before the payment is confirmed.
Uzbekistan Positions Central Asia as an Independent Financial Hub: What It Means for the Market
President Shavkat Mirziyoyev announced the region’s transformation into an independent center of economic growth. For the financial sector, this is a political signal that could be followed by the localization of payment infrastructure.
Halyk Bank Prepares to Launch AI Assistant, Crypto Card, and Islamic Products
Kazakhstan’s largest bank is changing its retail business metrics, shifting focus to daily app audience and ecosystem usage frequency.
Halyk Bank Completes Acquisition of Online Cash Register Service re:Kassa
Kazakhstan’s largest bank has become the direct owner of the fintech company, integrating it into its business services ecosystem.
Uzpromstroybank establishes a dedicated department for neural networks
SQB has announced a search for the head of its AI division. The role will involve managing MLOps infrastructure, generative models, and AI Governance.
Click Integrates AI into Operational Processes to Accelerate Platform Performance
The Uzbek payment service has integrated artificial intelligence into its business processes.
Islamic finance volume in Uzbekistan's MFOs grows eightfold
In the first quarter of 2026, microfinance organizations issued 11.2 billion soums under Sharia rules. This is a starting segment preparing the market for the launch of full-fledged Islamic banking.
Uzbekistan's Fintechs Test Package Subscriptions: Market Awaits Results of Click's Spring Pilot
In May, Click conducted a closed test of a new tariff line. A mass launch is still in preparation, but the pilot itself confirms that payment services are looking for new monetization models.
Eskhata Bank launches kids' wallet with parental control
The Tajik bank has integrated financial services for users aged 7 to 16 into its main mobile app.
Uzbekistan to Launch AI-Scoring Business Credit Marketplace
The platform will consolidate offers from various banks. By December 2026, the system will begin assessing borrowers without credit histories using alternative data.