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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 to launch compliance rating for securities issuers on December 18

NAPP will divide companies into four categories based on transparency and shareholder rights compliance.

South Korea's Hana Bank to open representative office in Uzbekistan

The office will serve as a base for market research and preparation for Central Asian expansion

Separate Bank Accounts to Become Mandatory for Marketplaces and Sellers in Uzbekistan

Starting in December 2026, sellers, couriers, and taxi drivers must receive income in special accounts or card-linked e-wallets.

ABB pays $140 million for 51% of Davr Bank—up from $100 million cited in May

The deal was announced at the presidential level in August, but the stake transferred to the buyer only on September 10 through six trades on the Tashkent exchange.

Asia Alliance Bank Registers Uzbekistan's First Foreign Currency Bond Issue

The $20 million issuance will take place within the NAPP regulatory sandbox.

Uzbekistan plans to raise undeclared cash export limit to $10,000

The regulatory easing aims to simplify procedures for travelers and businesses.

Uzbek IT vendor WOOX introduces FINTRAL platform for rapid fintech product creation

The unified modular system allows banks and MFIs to launch loans, deposits, and cards without developing each product from scratch.

Uzbekistan's installment market to face regulation in 2027. What changes for business and buyers

The Central Bank will create a registry of installment operators, cap contract terms, and require retailers to share data with credit bureaus.

"Uzbekistan Is Not Repeating Kazakhstan's Path—It's Forging Its Own": Oleg Kachalin on Fintech Barriers and Growth Points

From ditching cash to integrating government services: who is building the region’s new digital reality and how.

Central Bank of Uzbekistan launches its own venture fund and innovation hub

The regulator is shifting its market approach: instead of traditional oversight, the Central Bank is taking on the role of incubator and investor for local fintech projects.

Innovation hub, venture fund, and digital som: How the Central Bank of Uzbekistan will develop fintech

The regulator is moving to practically implement its 2030 strategy, from building startup infrastructure to testing a CBDC.

International Bank of Azerbaijan announces stake purchase in Uzbekistan's Davr Bank

Azerbaijan’s largest state bank enters the Uzbek financial market: the agreement was signed at the interstate level, with settlements ahead.