Regulatory Alerts2015-07-22 | 19/16Added · Updated
On Approval of the Regulation on Maximum Exposure Amounts for a Single Borrower or a Group of Interrelated Borrowers
The Central Bank of Uzbekistan approved a regulation establishing maximum exposure limits for commercial banks, capping total exposure to a single borrower or interrelated group at 25% of Tier 1 capital and unsecured exposure at 5%. The regulation defines interrelated borrowers, specifies eligible collateral requirements including a 105% foreign currency coverage ratio, and mandates monthly reporting of large exposures to the Central Bank. These rules apply to all commercial banks in Uzbekistan and became effective on November 10, 2015, before being repealed on January 30, 2021.