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Finance 28/08/2025 Central Bank of Uzbekistan Revokes License of “Eurasian Bank”

Central Bank of Uzbekistan Revokes License of “Eurasian Bank”

Tashkent, Uzbekistan (UzDaily.com) — The Central Bank of the Republic of Uzbekistan has revoked the banking license of the joint-stock company “Eurasian Bank.”

The decision was made by the Board of the regulator under Resolution No. 22/1 dated 27 August 2025.

The license was revoked due to the bank’s charter capital being below the minimum requirements established by law, as well as noncompliance with other provisions of the Law on Banks and Banking Activity.

In accordance with the laws “On the Central Bank of the Republic of Uzbekistan,” “On Banks and Banking Activity,” and other regulatory acts, the bank will undergo compulsory liquidation, with a liquidation commission appointed.

According to the regulator, as of 1 August 2025, the capital of Eurasian Bank amounted to 104 billion Uzbek soums. At present, the bank has no outstanding loans or deposits in its portfolio.

It is worth noting that the Central Bank of Uzbekistan had issued the bank, originally from Kazakhstan, a license to operate in January 2024. Since 1 January 2025, the minimum charter capital for banks in Uzbekistan has been set at 500 billion soums.

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