24 February 2025
New Initiatives Under the Decree of the President of the Republic of Uzbekistan (PF-26, February 21) to Expand the Company’s Activities, Enhance Financial Stability, and Introduce Mortgage Bond Mechanisms
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A specialized authorized organization for issuing mortgage bonds will be established under the Company.
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A favorable environment for the issuance and circulation of mortgage bonds will be created within the legal framework of the new "Regulatory Sandbox."
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The Company's authorized capital is planned to reach 1.4 trillion UZS by 2025 and increase to 5 trillion UZS by 2030.
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The Company will allocate 2.3 trillion UZS in resources for refinancing mortgage loans.
These measures will contribute to the stable development of the mortgage market in Uzbekistan, provide affordable and long-term mortgage loans to the population, and further strengthen the financial infrastructure.
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Other news
Strategic Cooperation Agreement signed between UzMRC and the EBRD.
‘UMRC SPV’ LLC has been registered as a participant in the capital market as a ‘Regulatory Sandbox’ participant.
Starting from today, the Company has initiated the refinancing of mortgage loans granted to clients with informal income.
