The platform will consolidate offers from various banks. By December 2026, the system will begin assessing borrowers without credit histories using alternative data.
A unified digital financial platform for small and medium-sized businesses will appear in Uzbekistan. The service will consolidate credit products from various banks and simplify entrepreneurs' access to funds.
What happened
The platform will operate as a marketplace. An entrepreneur will be able to submit a single application, receive counter-offers from several banks, compare terms, and choose the most suitable one. Kun.uz reports this, citing a presentation to the country's president.
The system will be linked to E-Government databases. Business information will be sent to creditors automatically. This will save companies from collecting paper certificates for each individual bank.
AI scoring and new terms
By December 1, 2026, an alternative scoring model with artificial intelligence elements will be launched on the platform. Traditional banking algorithms rely on credit history. The new system will begin to consider business activity, turnover, tax payments, and utility bills. This will open up access to financing for businesses that were not previously served by banks.
Additionally, commercial banks will launch an "AI Consultant" program. It will help entrepreneurs find ideas taking into account the specifics of specific districts and select financing for them.
The launch of the platform is accompanied by a change in the terms of the loans themselves. For borrowers with a good history, the limit of the unsecured portion of a microloan will increase from 100 million to 200 million soums. The state will also compensate interest expenses on loans up to 5 billion soums.
Why it matters and what's next
Transitioning microbusiness lending to a single marketplace format will force banks to compete for clients solely on approval speed and interest rates.
In the future, the artificial intelligence on the platform will begin giving businesses recommendations on improving their credit history. Before the system launches, the regulator and banks will have to fine-tune the secure transfer of data between state databases and commercial risk assessment algorithms.