Finance
24/04/2025
The Central Financial institution of Uzbekistan approves new macroprudential requirements for banks and microfinance establishments
Tashkent, Uzbekistan (UzDaily.com) — By decision of the Board of the Central Financial institution of the Republic of Uzbekistan, a Regulation on macroprudential requirements relevant to banks and necessities for the utmost dimension of mortgage (microloan) funds has been accepted. The doc was registered by the Ministry of Justice on 22 April 2025 below quantity 3618.
The regulation introduces key macroprudential indicators, together with:
the debt service-to-income ratio (DSTI);
the loan-to-value ratio (LTV);
focus ratios for varied forms of loans (together with microloans);
and limits on the utmost dimension of mortgage and microloan funds.
The debt service-to-income (DSTI) ratio is ready at a ceiling stage, and the methodologies for calculating a borrower’s common month-to-month funds and earnings have been aligned with worldwide requirements.
The LTV ratio is being launched for automobile and mortgage loans, with outlined ceiling thresholds and a transparent calculation methodology that features figuring out the worth of collateral and the mortgage quantity.
The doc additionally units necessities for the composition of the credit score portfolio, limiting the share of microloans, bank cards, and auto loans with a purpose to mitigate the dangers related to extreme focus.
As well as, Decision No. 3205-4 of the Board of the Central Financial institution dated 21 April 2025 introduces amendments to the Regulation on the debt burden of particular person debtors. Its provisions will now additionally apply to microfinance establishments and pawnshops, thereby strengthening oversight of client lending exterior the banking system.
The adoption of those new requirements is aimed toward reinforcing the soundness of the banking system and making certain the efficient utility of macroprudential instruments by the Central Financial institution.
