06 May 2026

UzMRC strengthens strategic cooperation with international financial institutions.

In Samarkand, during the 59th Annual Meeting of the Asian Development Bank (ADB), a delegation led by the CEO of the UzMRC held a series of high-level strategic meetings with international financial institutions and investors.

📌Discussions with Mohd Sani Mohd Ismail, Director, Finance Sector Office, ADB and Christine Engstrom, Director General, Sectors Group and Public Sector, ADB focused on the implementation of Presidential Decree PD-29 and the establishment of the Mortgage Guarantee Fund in Uzbekistan.

The parties reviewed mechanisms for mortgage guarantees, institutional setup of the fund, and potential technical and financial assistance from ADB. ADB representatives expressed strong interest in supporting the initiative and further exploring cooperation opportunities.

Meetings were also held with Suhail Khan, Principal Investment Specialist, Private Sector Financial Institutions Division, ADB, focusing on attracting strategic international investors and developing new non-sovereign credit lines for the UzMRC. Discussions included potential financing of USD 100–150 million, institutional development, and transformation aligned with international standards.

CEO UzMRC, Murodjon Farmanov, also participated in the exclusive CEO Forum attended by Masato Kanda, President of the ADB, and Bhargav Dasgupta, Vice-President, ADB.

The forum addressed the role of the private sector in driving sustainable economic growth, digital innovation, and strengthening regional investment cooperation across Asia and the Pacific.

Additional meetings were held with representatives of Habitat for Humanity, ICBC Standard Bank, Galt & Taggart, and Business & Finance Consulting, focusing on green finance, capital market development, long-term funding, institutional strengthening, and financial product diversification.

✔️These engagements mark an important milestone in strengthening the UzMRC’s strategic partnership with international financial institutions and advancing mortgage market development and financial innovation.