Regulatory Alerts2021-03-25 | 3/3Added · Updated
On Approval of the Regulation on the Procedure for Commercial Banks to Lend in National Currency to Housing Ownership Companies and on Recognizing Amendments and Additions Thereto as Invalid
The Board of the Central Bank of the Republic of Uzbekistan recognizes six departmental normative legal documents as invalid, thereby repealing the regulation and all subsequent amendments governing the procedure for commercial banks to lend in national currency to housing ownership companies. The repealed instruments include the original 2002 resolution approving the lending procedure and five subsequent resolutions from 2002, 2006, 2015, 2017, and 2019 that introduced changes to that procedure. This resolution entered into force on March 25, 2021, following its official publication.
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