Global Business Special

National Bank of Uzbekistan: a key development institution of Uzbekistan in deepening investment cooperation with China

Updated:2023-05-29

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The National Bank of Uzbekistan (NBU), founded in 1991, takes a leading position in the banking system of the Republic of Uzbekistan and is an active participant in the country’s ongoing reforms.

Since gaining independence, the NBU has served as a reliable supporting institution of the government in transforming the national economy, creating a favorable business and investment climate through financing strategically significant investment projects. These tasks have always been a priority for the NBU.

The NBU's share in the banking sector of Uzbekistan in terms of assets is 21.5% ($10.68 billion), capital - 20.6% ($1.46 billion), loans - 23% ($7.96 billion), deposits - 17.6% ($3.4 billion). 

To improve the population's livelihoods and further develop infrastructure, in 2022, the NBU allocated $1.5 billion of funding for 59 strategic investment projects in the fields of transport, communications, textiles, services, metallurgy and mining.

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