Central Asia fintech news
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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.
TBC Bank Group Buys OLX in Uzbekistan: Regulator Approves Deal with Conditions
The Competition Committee allowed a TBC entity to acquire 100% of the classifieds service but prohibited it from imposing its own payment services on users.
Kazakhstanis Are Withdrawing Less Cash: First Decline Since the Pandemic
The share of cash in card turnover has dropped to a historic low of 12.1%. This marks the first decline in cash withdrawal volumes since 2020.
ARDFM prepares unified resolution rules for troubled banks in Kazakhstan
The regulator has published a draft resolution intended to consolidate mechanisms for dealing with insolvent financial institutions.
Bank CenterCredit introduces a 5% fee for cash ruble account deposits
Starting June 16, 2026, the Kazakhstani bank will begin charging a fee for depositing Russian currency into individual accounts.
Umidjon Khakimov becomes Chairman of the Management Board of Ipak Yuli Bank
He replaces Saidabror Saidakhmedov, who led the Uzbek bank for the past eight years.
Alif Bank Opens Service Center at Kushoniyon Bazaar in Dushanbe
The office is aimed at merchants and shoppers, offering identification for Alif Mobi, currency exchange, and card issuance.
From 15 Million Tenge: What Kazakhstan's Banks Offer Private Banking Clients
The premium service market is expanding beyond a narrow circle of the ultra-rich. We break down the conditions, entry thresholds, and main services for wealthy clients.
Ipak Yuli Bank Increases Credit Line from Islamic Corporation ITFC to $75 Million
The Uzbek bank has expanded its partnership with the International Islamic Trade Finance Corporation. The funds will support export-import operations and domestic purchases for small businesses under the Murabaha standard.
KEGOC Implements AI for Monitoring and Forecasting in Kazakhstan's Power Grid: Economic Effect Exceeds 16.6 Billion Tenge
The national electricity grid operator has applied artificial intelligence to automate oversight, already generating billions of tenge in economic impact.
Payment service Paynet enters the top five largest taxpayers in Uzbekistan's service sector
The company paid 115 billion soums in taxes in the first quarter. The fintech sector is beginning to compete with telecom and aviation in terms of revenue.