News

Central Asia fintech news

Market updates on regulation, banking products, payments, deals and digital services across Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, Turkmenistan and Azerbaijan.

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Uzbekistan's banking sector in Q2 2026: Record profit, NPL decline, and de-dollarization

Bank net profit grew 67% amid outpaced deposit growth and improved credit portfolio quality.

Uzbekistan prepares new cybersecurity requirements for banks and fintech

The Senate is reviewing a bill in its second reading that designates the Ministry of Internal Affairs as the primary regulator for combating cybercrime.

Central Bank of Uzbekistan updates rules for Islamic banks

The regulator amended eight regulations, defining requirements for capital, liquidity, and Islamic financial instruments.

Uzbekistan legalizes bonded warehouses for cross-border trade

The Cabinet of Ministers approved operating rules for bonded warehouses and e-commerce platforms handling foreign retail goods.

National Bank of Tajikistan approves insurance market development strategy until 2030 and electronic MTPL policies

The regulator is transitioning the sector to international reporting standards and launching the digitalization of basic products

Over 20 banks and MFIs in Uzbekistan fined for advertising violations

The Uzbek regulator has tightened control over the marketing communications of financial institutions.

Kaspi.kz completes acquisition of Rabobank in Turkey: the bank will become the financial base for Hepsiburada

The Kazakhstani fintech holding has officially closed the deal to acquire the Turkish bank. The company needs the license to launch financial services around the Hepsiburada marketplace.

Central Bank of Azerbaijan Prepares Unified Green Taxonomy and Taxonomy Mapper for the Financial Market

The regulator is moving the international initiative on standardizing sustainable finance into practical application. By the COP31 summit, banks will receive a package of applied tools for investment classification.

Kazakhstan's National Bank and Ministry of Finance to Issue Tokenized Government Bonds by the End of 2026

The first placement of government securities on the blockchain will test the readiness of local infrastructure to handle complex digital assets.

Uzbekistan introduces a special tax regime for foreign crypto investors

The National Agency of Perspective Projects (NAPP) is launching a registry of authorized crypto exchanges to work with non-residents.

KMF Bank Raises $10 Million from Turkic Investment Fund for Business Lending

This is the fund’s first deal in the region. The money will go to support small and medium-sized businesses trading with the organization’s member countries.

AIFC Insights Releases First Comparative Review of Capital Markets in Central Asia and Azerbaijan

The analytical division of the AIFC assessed the infrastructure of four countries. The main takeaway: the region is shifting from building basic institutions to competing for liquidity.