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Uzbekistan's fintech sector is entering a new stage of development. Companies are seeking to build integrated digital ecosystems that combine banking, payments, lending and ecommerce....
When Commerzbank opened its Tashkent office in 1998, Uzbekistan's economy stood at roughly $13bn. Last year it reached $145bn, having more than doubled from $60bn just nine years earlier....
The listing of the Uzbekistan National Investment Fund (UzNIF) on the London Stock Exchange marked a landmark development whose importance extends far beyond a single financial transaction. It signifies a new phase in Uzbekistan's transformation....
Managed by a Franklin Templeton company, UzNIF at end-2025 held minority stakes across aviation, energy, banking and telecoms with a $2.4bn net asset value....
Uzbekistan's government has launched an ambitious privatisation programme aimed at reshaping its economy and capital markets. US fund Franklin Templeton is managing a $1.68bn portfolio of 18 companies in the Uzbekistan National Investment Fund....