Central Asia

GlobalMarkets: How is Uzavtosanoat benefitting from the economic reforms in the country?

GlobalMarkets: SQB has been identified as an upcoming privatisation candidate. That usually requires a lot of work to get an institution ready for that process. What is SQB doing to prepare itself?

GlobalMarkets: With such a large share of the mortgage market, it doesn’t seem you have much of an impetus to expand your product offerings?

The country’s pursuit of achieving a more sustainable and equitable society has coincided with an ambitious economic reform agenda that, together, are delivering results

Uzbekistan is committed to improving its productive capacity and institutional strength on the way to achieving sustainable economic development.

GlobalMarkets: Your president has made it clear that he expects the country’s banks to improve their efficiency as part of the overall economic liberalisation programme. What is the NBU doing to accomplish this task?

An ambitious and multifaceted reform programme is underway to take an already sound economy and open it to international markets

The oil-rich nation took a blow from the global pandemic, but Kazakhstan is getting back on track

The Development Bank of Kazakhstan on Thursday launched a dual tranche bond in dollars and Kazakh tenge. Investor interest in emerging market local currency debt has increased over the last year, as the hunt for yield grows.

UzAuto Motors, an auto maker owned by the Uzbek state, entered the dollar bond market on Tuesday for its debut deal.

European equity capital markets continued to reel from volatility across the Atlantic on Friday. A sell-off in tech stocks is making the block trade market difficult and a popular IPO suffered on its first day of trading.

Diversification has taken hold in central Asia's Uzbekistan, which over the last two years has started its pivot towards international capital markets. According to sources, a plethora of debut deals is expected to hit markets in coming months.