On Introducing Amendments to the Regulation on the Critical Conditions for Granting Mortgage Loans to the Population

Decision of the Management of the Central Bank of the Republic of Uzbekistan, registered on 21.07.2025, registration number 3269-1

Effective date

24.07.2025

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[OKOZ: 1.21.00.00.00 Complex type documents for amendment and addition / 21.04.00.00 Framework normative‑legal documents]

[TSZ: 1. State and society structure / Legislative initiative. Norm creation activity]

Decision of the Management of the Central Bank of the Republic of Uzbekistan

Amendments to the Regulation on the Critical Conditions for Granting Mortgage Loans to the Population

[Registered by the Ministry of Justice of the Republic of Uzbekistan on 21 July 2025, registration number 3269-1]

In accordance with the laws of the Republic of Uzbekistan «On the Central Bank of the Republic of Uzbekistan» and «On Banks and Banking Activities», the Management of the Central Bank of the Republic of Uzbekistan decides:

1. Amendments shall be made to the Regulation on the Critical Conditions for Granting Mortgage Loans to the Population, as approved by the Decision No. 13/8 of the Management of the Central Bank of the Republic of Uzbekistan dated 11 June 2020 (registration number 3269, 30 June 2020) (National Database of Legal Documents, 30.06.2020, 10/20/3269/1113), in accordance with the annex to the regulation link annex.

2. This decision shall enter into force on 24 July 2025.

Chairman T. ISHMETOV

Tashkent city,

13 June 2025,

No. 12/5

Annex to the Decision No. 12/5 of the Management of the Central Bank of the Republic of Uzbekistan dated 13 June 2025 link

Amendments being introduced to the Regulation on the Critical Conditions for Granting Mortgage Loans to the Population

1. In paragraph 1:

   • the fifth sub‑paragraph shall be removed;
   • the sixth sub‑paragraph shall be considered the fifth sub‑paragraph.

2. In paragraph 4, the word “банкининг” shall be replaced with the word “банкнинг”.

3. In paragraph 17, the words “shall send a copy of the decision” shall be replaced with the words “must be notified in writing”.

4. Paragraphs 24, 25, 27, 28, 29, 35 and 37 shall be deemed to have lost their force.

5. Paragraph 26 shall be expressed in the following amendment:

   26. When banks make a decision on granting credit, they must calculate the borrower’s current debt‑burden indicator. The debt‑burden indicator shall be calculated in accordance with the macro‑prudential norms applicable to banks and the requirements of the regulation on the highest values of payments for credits (micro‑loans) granted by them (registration number 3618, 22 April 2025).

6. Paragraph 36 shall be expressed in the following amendment:

   36. If the mortgage object meets the bank’s requirements, the bank shall calculate the loan‑to‑collateral ratio to determine the individual parameters of the mortgage loan. The loan‑to‑collateral ratio shall be calculated in accordance with the macro‑prudential norms applicable to banks and the requirements of the regulation on the highest values of payments for credits (micro‑loans) granted by them (registration number 3618, 22 April 2025).

(, 22.07.2025, No. 10/25/3269-1/0640)