Industry

Azerbaijan to strengthen policy and reform framework to expand non-cash payments in 2022 – Central Bank

The policy and reform framework for expanding non-cash payments in Azerbaijan will be strengthened in 2022, Trend reports referring to the Central Bank of Azerbaijan (CBA). According to the data, the monetary policy of the CBA by 2022 will be aimed at ensuring inflation dynamics towards the target range in terms of great uncertainty in the external […]

Industry

Uzbek Central Bank notes growth in volume of loans issued to individuals

The volume of loans issued to individuals in Uzbekistan from January through November 2021, increased by 25.9 percent compared to the same period last year (54 trillion soums, or $4.9 billion), reaching 68.1 trillion soums ($6.2 billion), Trend reports citing the Uzbek Central Bank. From total volume of loans issued to individuals in the corresponding period, mortgage […]