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The license of Euro-Asia Bank in Uzbekistan has been revoked
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The license of Euro-Asia Bank in Uzbekistan has been revoked

Uzbekistan
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Eurasian Bank's License in Uzbekistan Revoked
Various foreign banks have been operating in Uzbekistan's financial market. This was reported by Zamin.uz.

Recently, an important decision regarding the country's banking system was made. According to the official statement of the Central Bank, on August 27, 2025, the license of Eurasian Bank Joint Stock Company to conduct banking activities was officially revoked.

This decision was not made by chance. The bank did not adjust its authorized capital to the minimum requirements established by current legislation.

Additionally, a number of other conditions stipulated in the "On Banks and Banking Activities" law were also not fulfilled. The Central Bank emphasized that this measure was taken to ensure the stability of the financial market and to protect the interests of citizens.

The main task of the banking system is to maintain public trust, securely safeguard their funds, and provide stable financing for the economy. The management of Eurasian Bank announced that it will cease its operations in Uzbekistan and will now focus primarily on the financial market of Kazakhstan.

They noted that operating in foreign markets requires great responsibility and strict compliance with national legislation. According to financial analysts, this decision will not cause serious problems for Uzbekistan's banking sector.

Because many large local and international banks operate in the country, providing necessary services to the population and business entities. Source: zamin.uz

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