Regulation on the Coordination and Regulation of Microfinance Organizations, Factoring Companies and Pawnshops

Resolution of the Board of the Central Bank of the Republic of Uzbekistan, registered on January 11, 2023, registration number 3412

Date of entry into force

14.04.2023

All

21.01.2026

14.04.2023

View

Russian
Uzbek
O’zb
Uzb|Russian

[
OKOZ:
1.
07.00.00.00 Legislation on Finance and Credit. Banking Activity / 07.22.00.00 Lending / 07.22.06.00 Specific Types of Lending / 07.22.06.02 Microcredit. Lending to Small Business Entities;
2.
07.00.00.00 Legislation on Finance and Credit. Banking Activity / 07.23.00.00 Other Credit Institutions / 07.23.02.00 Pawnshops]
[
TSZ:
1.
Finance / Banks and other credit institutions. Loans]

Resolution of the Board of the Central Bank of the Republic of Uzbekistan

See previous edition.

On approving the Regulation on the Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies and Pawnshops (the name of the resolution is in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (resistration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

[Registered by the Ministry of Justice of the Republic of Uzbekistan on January 11, 2023, registration number 3412]

In accordance with the Laws of the Republic of Uzbekistan "On the Central Bank of the Republic of Uzbekistan" and "On Non-Bank Credit Organizations and Microfinance Activities", the Board of the Central Bank of the Republic of Uzbekistan resolves:
See previous edition.

The Regulation on the Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies and Pawnshops
is approved in accordance with the Appendix.
(Paragraph 1 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)
This resolution enters into force three months after its official publication.

Chairman M. NURMURATOV

Tashkent city,

December 6, 2022,

No. 28/2

APPENDIX
to the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 28/2 dated December 6, 2022

See previous edition.

REGULATION on the Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies and Pawnshops (the name of the regulation is in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

See previous edition.

This Regulation establishes the requirements imposed on microfinance organizations, factoring companies (hereinafter referred to as organizations in the text) and pawnshops in carrying out their activities, including the classification of the quality of assets of organizations, the creation and use of reserves against possible losses on assets, prudential norms, the conduct of activities and operations by pawnshops, and the procedure for submitting financial reports by organizations and pawnshops. (introduction in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

See previous edition.

Chapter 1. Requirements imposed on organizations in carrying out their activities
(name of Chapter 1 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

Section 1. General Provisions

The following main concepts are used in this Regulation:
See previous edition.

assets — credit, microcredit, microloan (hereinafter referred to as credit in the text), leasing, factoring, investments made into the charter fund (charter capital) and (or) debt securities of legal entities, accrued interest and interest-free income to be received, properties recovered by exercising ownership rights to pledged property, all other claims, off-balance sheet items (guarantees), as well as Islamic leasing, financing based on profit sharing (mudaraba), financing based on credit trade (murabaha), partnership — financing based on profit and loss sharing (musharaka), financing based on advance payment (salam) (hereinafter referred to in the text as Islamic financing services); (second subparagraph of paragraph 1 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.

total value of an asset — the remaining balance of the main debt of an asset reflected in the balance sheet and off-balance sheet items of organizations and the interest accrued on it, penalties, commission and other interest-free payments, minus the amount of reserves created for them; (third subparagraph of paragraph 1 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.

overdue debt — obligations to organizations not performed (not performed to the required extent) by the debtor within the terms and conditions specified in the contract; (fourth subparagraph of paragraph 1 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.

debtor — a physical or legal entity that has an obligation to organizations for assets in accordance with the contract.
(fifth subparagraph of paragraph 1 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.

Organizations may provide for the creation of a reserve fund to cover losses arising during their activities, and its amount is specified in the founding documents of the organizations.
(Paragraph 2 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

See previous edition.

Section 2. Classification of the Quality of Assets of Organizations
(name of Section 2 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.

The assets of organizations must be classified in a timely and correct manner in accordance with this Regulation, and reserves against possible losses on assets (hereinafter referred to as reserves in the text) must be created for them.
(Paragraph 3 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.
The quality of assets of organizations is classified into "standard", "substandard", "doubtful" and "hopeless" categories. Assets classified into "doubtful" and "hopeless" categories are considered problematic assets.
(Paragraph 4 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

See previous edition.

The quality of assets of organizations is classified as follows, except for assets specified in paragraphs
6 and
7 of this Regulation:
(first subparagraph of paragraph 5 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.

"standard" — if there is no overdue debt on the main debt and (or) interest or other payments, or if their repayment is delayed for a period not exceeding 30 days; (second subparagraph of paragraph 5 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.

"substandard" — if the repayment of the main debt and (or) interest or other payments is delayed for a period of 31 days or more, but not exceeding 90 days; (third subparagraph of paragraph 5 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.

"doubtful" — if the repayment of the main debt and (or) interest or other payments is delayed for a period of 91 days or more, but not exceeding 180 days; (fourth subparagraph of paragraph 5 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.

"hopeless" — if the repayment of the main debt and (or) interest or other payments is delayed for a period of 181 days or more. (fifth subparagraph of paragraph 5 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

Investments made into the charter fund (charter capital) and (or) debt securities of legal entities are classified as follows:
See previous edition.

an investment that has not generated income for organizations over the past year — "substandard"; (second subparagraph of paragraph 6 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.

an investment that has not generated income for organizations over the past two years — "doubtful"; (third subparagraph of paragraph 6 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.

an investment that has not generated income for organizations over the past three years — "hopeless".
(fourth subparagraph of paragraph 6 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

Investments are considered to have generated income in the following cases:
See previous edition.

when income is generated in the form of dividends or interest to organizations; (sixth subparagraph of paragraph 6 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.

when a positive difference arises as a result of revaluation of the investment made by organizations; (seventh subparagraph of paragraph 6 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

when the quotation on the stock exchange increases; See previous edition.

when the legal entity into which organizations have invested in the charter fund (charter capital) ends the reporting period with a profit according to its audited financial report. (ninth subparagraph of paragraph 6 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.

If a negative difference arises as a result of revaluation of the investment made by organizations, the quality of such investments must be classified as "hopeless". (tenth subparagraph of paragraph 6 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.

Properties recovered from the debtor by exercising ownership rights to pledged property must be sold if they are not used in the activities of organizations. In this case, if such property is not sold within six months from the date it was accepted into the balance sheet by organizations, it is classified as a hopeless asset.
(Paragraph 7 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)
When a microfinance organization fulfills an obligation under a guarantee, its classification is carried out in the manner established in paragraph
5 of this Regulation.
If at least one of the following main conditions of assets specified in paragraph
5 of this Regulation is changed, their terms are considered to have been renegotiated:
See previous edition.

a decrease in the interest rate or a reduction in the markup amount, except for cases where the interest rate decreases due to a variable interest rate specified in the contract, as well as cases where the interest rate is reduced or the markup amount is reduced at the initiative of the organizations; (second subparagraph of paragraph 9 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

a reduction in the main debt or partial waiver of it, except for a reduction in the unused part of the asset; See previous edition.

waiver of part or all of payments on interest, penalties and (or) main debt; (fourth subparagraph of paragraph 9 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

delay or extension of the deadline for payment of the main part and (or) interest of the asset, except for cases where the payment schedule or the date of payment within the month is changed due to a change in the start date of financing the customer;

a change in the type of collateral, except for cases where collateral is released due to the return of part of the asset and the ratio of the asset amount to the pledge amount does not exceed the limit specified in the internal documents of the microfinance organization;

a change in the borrower by applying one or several of the conditions specified in the second to sixth subparagraphs of this paragraph.

The quality of assets with renegotiated terms is classified as follows:

"substandard" — if there is no overdue debt on the main debt and (or) interest, or if their repayment is delayed for a period not exceeding 30 days;

"doubtful" — if the repayment of the main debt and (or) interest is delayed for a period of 31 days or more, but not exceeding 90 days;

"hopeless" — if the repayment of the main debt and (or) interest is delayed for a period of 91 days or more.
See previous edition.

The classification of the quality of assets and their reflection in the balance sheets of organizations does not change the terms of the contract concluded between the organizations and the debtor or the party waiving the monetary claim, including it does not deprive the organizations of the right to collect in full from the debtor the main debt and interest accrued on it, as well as fines and penalties for non-performance of the contract terms, in accordance with the contract terms.
(Paragraph 11 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.
In individual cases (in unforeseeable situations under extraordinary and specific circumstances where the debtor is unable to fulfill or perform to the required extent its obligations to organizations), the classification of the quality of assets, the creation of reserves, and the assumption that the terms of assets have not been renegotiated may be established by the Central Bank of the Republic of Uzbekistan (hereinafter referred to as the Central Bank in the text).
(Paragraph 12 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

Section 3. Creation and Use of Reserves

See previous edition.

Organizations must form reserves at the following percentages of the total value of assets relative to the quality of their assets:
(first subparagraph of paragraph 13 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

25 percent — if classified as "substandard";

50 percent — if classified as "doubtful";
See previous edition.

100 percent — if classified as "hopeless".
(fourth subparagraph of paragraph 13 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

Reserves are not required for assets classified as "standard".

See previous edition.

As soon as the quality of an asset is classified as "hopeless", organizations must write off this asset against the reserve within three working days (transfer it to the "Contingencies" account).
(first subparagraph of paragraph 14 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

The write-off of assets classified as "hopeless" does not deny the possibility of partial or full recovery of assets, nor does it mean the cancellation of payments on them. These assets must be reflected in the "Contingencies" account for a period of not less than three years from the moment they are transferred to this account.

See previous edition.

Organizations continue to accrue interest or penalties on such assets to reflect the full amount of the debtor's obligation, even after transferring them to off-balance sheet items, except for cases where the obligations of the debtor and guarantor are terminated in accordance with legislative acts.
(first subparagraph of paragraph 15 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

Accrual of penalties (fines, penalties) and interest on all types of debts of the debtor is terminated from the moment the court adopts a decision on recognizing the debtor as bankrupt and initiating proceedings on bankruptcy and liquidation in accordance with Article 141 of the Law of the Republic of Uzbekistan "On Insolvency".

See previous edition.

Organizations must form reserves and carry out accounting entries for them in a programmed manner starting from the date on which the grounds provided for in this Regulation for classifying assets arose.
(first subparagraph of paragraph 16 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

Expenses for created reserves must be reflected in the Financial Results Report.
See previous edition.

The executive bodies of organizations are responsible for ensuring the constant sufficiency of reserves.
(Paragraph 17 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)
The Central Bank has the right to require additional allocations for the creation of reserves in cases where insufficient reserves have been created for assets classified on the basis of the requirements of this Regulation.
See previous edition.
The executive bodies of organizations must report at the general meeting of participants (shareholders) of organizations at the end of the financial year on the measures taken to recover assets classified as "hopeless".
(Paragraph 19 in the edition of the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

Section 4. Reclassification of Assets to a Better Category than the Previously Classified One

The quality of an asset may be reclassified as "standard" in the following cases:

when overdue debts on the main debt and (or) interest of an asset classified as "substandard" are fully paid, and subsequent payments according to the asset repayment schedule are made on time and in full;

when overdue debts on the main debt and (or) interest of an asset classified as "doubtful" are fully paid, and 3 consecutive payments according to the asset repayment schedule are made on time and in full.

The quality of assets cannot be immediately reclassified to a better category than the previously classified one due to the renegotiation of their terms.

If the terms of assets classified as "substandard" or "doubtful" are renegotiated, their quality may be classified as "standard" if at least 3 consecutive payments are made in full and on time according to the asset repayment schedule.

If the deadline for repayment of the main debt and (or) interest on assets is delayed after the renegotiation of their terms in accordance with the periods specified in paragraph 10 of this Regulation, the reclassification of the quality of such assets as "standard" is carried out in the manner provided for in paragraph 20 of this Regulation.

The quality of an asset may be reclassified as "substandard" and transferred to the corresponding account of the asset side of the balance sheet for subsequent accounting, in the following cases, starting from the moment the quality of the asset is classified as "hopeless", including its reflection in the "Contingencies" account:

In the absence of amendments to the contract terms specified in paragraph 9 of this Regulation, when overdue debts on the main part and/or percentage of the asset are fully paid;

When amendments specified in paragraph 9 of this Regulation are made to the contract terms, when at least six monthly payments or an amount not less than 20 percent of the main part of the asset are paid in full and on time according to the asset return schedule.

According to paragraph 22 of this Regulation, starting from the day the asset quality is classified as "substandard," the asset quality may be reclassified as "standard" when three consecutive payments under the asset return schedule are paid in full and on time.

Chapter 2. Prudential Norms

Section 1. General Rules

See previous edition.

Organizations must comply with prudential norms when conducting activities from the following funds:
(The first subparagraph of paragraph 24 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026)

funds received from the placement of corporate bonds;

funds of the State Budget of the Republic of Uzbekistan and state funds;

loan funds from international financial institutions, foreign government financial institutions, non-governmental non-profit organizations, including foreign non-governmental non-profit organizations;

loan funds received from legal entities, including foreign legal entities;

funds received from the placement of securities consistent with Islamic financing.

Compliance with prudential norms for the funds specified in this paragraph is required starting from the first day of the reporting month following the month in which such funds were attracted.

See previous edition.

The following prudential norms are established for organizations conducting activities from the funds specified in paragraph 24 of this Regulation:
(The first subparagraph of paragraph 25 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026)

capital adequacy ratio;

liquidity ratio;

maximum amount of risk regarding a single borrower or a group of interconnected borrowers; See previous edition.

maximum amount of risk regarding persons related to organizations; (The fifth subparagraph of paragraph 25 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026)

maximum amount of investments made into the charter fund (charter capital) and/or debt securities of legal entities.

See previous edition.

The risks of organizations regarding a single borrower or a group of interconnected borrowers, as well as persons related to organizations, include the following:
(The first subparagraph of paragraph 26 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026)

credit, leasing, factoring;

investments made into the charter fund (charter capital) and/or debt securities of legal entities;

monetary funds placed in banks;

accrued interest and non-interest income to be received; See previous edition.

services related to Islamic financing;
(The sixth subparagraph of paragraph 26 was added based on the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/04 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026)

all other claims;

off-balance sheet items (guarantees).
See previous edition.

When calculating risks regarding a single borrower, a group of interconnected borrowers, and persons related to organizations, the amount of reserves created from the total value of assets is deducted. (The ninth subparagraph of paragraph 26 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026) See previous edition.

26-1. Risks of organizations regarding a single borrower, a group of interconnected borrowers, and persons related to organizations in factoring services:

To the debtor, if the organization does not have the right to file a recourse claim against the client, or if such a right exists but the need to use it has not arisen;

To the client, if the right to file such a recourse claim exists and the need to use it has arisen.
(Paragraph 26-1 was added based on the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/04 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026)

Section 2. Capital Adequacy Ratio
See previous edition.

The capital adequacy ratio of organizations is calculated as the ratio of the total private capital of organizations to total assets, and this coefficient must not be less than 10 percent.
(Paragraph 27 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026) See previous edition.
When calculating the capital adequacy ratio of organizations, all investments made by organizations into the charter fund (charter capital) of legal entities are deducted from total assets and private capital.
(Paragraph 28 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026)

Section 3. Liquidity Ratio
See previous edition.

The current liquidity ratio of organizations must not be less than 100 percent. In this regard, the current liquidity ratio is calculated as the ratio of the sum of current assets (cash in hand, funds in banks available on demand, assets with a maturity of up to 30 days, excluding assets with existing overdue debts) to the sum of current liabilities (demands available on demand and liabilities with an execution period of up to 30 days).
(Paragraph 29 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026)

Section 4. Maximum Amount of Risk Regarding a Single Borrower or a Group of Interconnected Borrowers

A group of interconnected borrowers refers to persons meeting at least one of the following criteria:

ownership of a controlling share in the charter fund (charter capital) of a legal entity by a person;

the right of a person who is a participant (shareholder) to appoint or replace the majority of members of the management bodies of such a legal entity;

the ability of a person to influence the activities of a legal entity in accordance with a contract concluded with it and/or the rules of its charter;

borrowers being close relatives among natural persons.

Close relatives refer to persons related by kinship or affinity, i.e., parents, full and half siblings, spouses, children, including adopted children, grandparents, grandchildren, parents of spouses, full and half siblings of spouses. See previous edition.

The maximum amount of risk of organizations regarding a single borrower or a group of interconnected borrowers must not exceed 25 percent of the organization's private capital.
(Paragraph 31 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026) See previous edition.
The total amount of all major risks of organizations (risks regarding a single borrower or a group of interconnected borrowers, the total sum of which is 10 percent or more of private capital and above) must not exceed five times the organization's private capital.
(Paragraph 32 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026)

See previous edition.

Section 5. Maximum Amount of Risk Attributable to One Person Related to Organizations
(The name of paragraph 5 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026) See previous edition.

The maximum amount of risk attributable to one person related to organizations must not exceed 25 percent of the organization's private capital.
(Paragraph 33 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026) See previous edition.
The maximum amount of risk attributable to all persons related to organizations must not exceed 50 percent of the organization's private capital.
(Paragraph 34 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026)

Section 6. Maximum Amount of Investments into the Charter Fund (Charter Capital) and/or Debt Securities of Legal Entities
See previous edition.

The maximum amount of total investments of organizations into the charter fund (charter capital) and/or debt securities (excluding state securities) of other legal entities must not exceed 20 percent of the organization's private capital.
(Paragraph 35 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026)

See previous edition.

Section 7. Other Claims Regarding a Single Borrower, a Group of Interconnected Borrowers, Including Persons Related to Organizations
(The name of paragraph 7 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026) See previous edition.

On the date this Regulation enters into force, if a single borrower or a group of interconnected borrowers, as well as persons related to organizations, have existing obligations to the organization, and the amount of such obligations exceeds the norms established in paragraphs 31 and 33 of this Regulation, this does not lead to changes in the terms of contracts concluded for such obligations.
(Paragraph 36 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026) See previous edition.
If the total sum of risks attributable to a single borrower or a group of interconnected borrowers, as well as persons related to organizations, is within the limits provided for in this Regulation at the time of contract conclusion but subsequently exceeds established norms (due to a decrease in private capital level or otherwise), organizations must inform the Central Bank within ten days and take measures to align the total sum of risks with the requirements established in paragraphs 31 and 33 of this Regulation within timeframes agreed with the Central Bank, but not exceeding six months.
(Paragraph 37 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026) See previous edition.
If a borrower was not considered a person related to organizations at the time the contract was concluded but later becomes such a person, exceeding the requirements established in paragraphs 33 and 34 of this Regulation regarding the amount of risk will not be recognized as non-compliance with prudential norms, provided that the organizations inform the Central Bank within ten days and undertake to align with prudential norms within timeframes agreed with the Central Bank, but not exceeding six months.
(Paragraph 38 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026) See previous edition.
Organizations must maintain records of risks for a single borrower or a group of interconnected borrowers, as well as persons related to organizations, and submit information about this to the Central Bank monthly by the 5th day of the month following the reporting month.
(Paragraph 39 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026)

Chapter 3. Performance of Agent Functions by Microfinance Organizations for Banks and Other Financial Institutions

The performance of agent functions for banks by microfinance organizations is carried out in accordance with the legislation on banks and banking activities, the performance of payment agent (sub-agent) functions in accordance with the legislation on payments and payment systems, and the performance of insurance agent functions in accordance with the legislation on insurance activities.
Agency services of microfinance organizations as agents for banks, payment, and insurance are provided in the name of these organizations. In this regard, information about these agreements must be sent to the Central Bank within five days from the date of conclusion of the agency agreements.

Information about the existence of an agency agreement must be disclosed to clients before services are rendered.

Chapter 4. Conducting Activities and Operations by Pawnshops

Section 1. General Rules

The pledging, storage, sale of unclaimed items, and enforcement against pledged property by natural persons for personal consumption purposes in a pawnshop is carried out in accordance with the Civil Code of the Republic of Uzbekistan, the Law "On Pledge," and this Regulation.
Pawnshops conclude contracts with natural persons upon presentation of a document confirming the identity of the person (passport or identification ID card or national driver's license, residence permit or ID card of foreign citizens and stateless persons, personal certificate of a military serviceman).
Pawnshops have the right to request documents confirming ownership of property (items) being pledged or temporarily stored, or other evidence, if necessary.

Section 2. Procedure for Formalizing and Issuing Microloans by Pawnshops

The issuance of a microloan on a pledge basis is carried out based on a microloan contract and a pledge contract concluded between the pawnshop and the natural person.

The contract on pledging property in the pawnshop is formalized by the pawnshop issuing a pledge ticket in the form specified in Appendix 1 to this Regulation.

Property to be pledged for a microloan is valued by the parties to the contract based on mutual agreement.
Pawnshops must perform the following:

take measures to ensure the safe storage of the pledged item;

immediately notify the pledger if there is a risk of loss of the pledged item or if it has been damaged;

immediately return the pledged item to the owner of the property or to a third party based on a power of attorney formally issued by the owner of the property, upon fulfillment of the terms of the microloan contract;

insure at their own expense, for the benefit of the pledger, the full amount of the items accepted as collateral at prices corresponding to items of similar type and quality at the time of acceptance;

issue a certificate confirming the partial or full fulfillment of obligations arising from the microloan contract by the pledger or a third party, upon the request of the pledger.

The proceeds from the sale of pledged items, unless otherwise provided in the contract, are directed to cover the microloan, accrued interest on it, penalties, damages arising as a result of the expiration of the execution period, as well as payments for storage and insurance, and expenses for the sale of pledged property. If the proceeds from the sale of pledged property exceed the amount of the pawnshop's claims, the difference is returned to the pledger.

Section 3. Temporary Storage of Property in Pawnshops

The contract for temporary storage of items in a pawnshop is formalized by the pawnshop issuing a storage ticket with the owner's name written on it, in the form specified in Appendix 2 to this Regulation, to the consignor (client).
If the client does not inform the pawnshop of the characteristics of items that are rapidly flammable, pose an explosion hazard, or are inherently dangerous when handing them over for storage, the pawnshop may secure or destroy them at any time without compensating the client who handed over the items for the damages incurred. The client bears the responsibility for compensating damages caused to the pawnshop and/or third parties as a result of storing these items.
If items handed over to the pawnshop for pledge or storage are lost or damaged, and the pawnshop cannot prove that the loss or damage occurred due to force majeure, the property damage incurred is compensated to the owner of the items in accordance with the agreement of the parties. If the parties fail to reach an agreement, compensation for property damage is carried out in a court order.

Chapter 5. Financial Reporting and Submission of Electronic Data and Organization of Internal Audit Services

See previous edition.

Section 1. Submission of Reports and Electronic Data to the Central Bank by Organizations and Pawnshops
(The name of paragraph 1 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026)

See previous edition.

Organizations and pawnshops submit the following financial and supervisory reports and their electronic data to the Central Bank in accordance with paragraphs 53, 53-1, and 54 of this Regulation:
(Paragraph 52 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026)

balance sheet (Appendix 3);

balance report (Appendix 4);

report on financial results (Appendix 5);

changes in capital (Appendix 6);

information on granted loans and provided leasing services (Appendix 7);

information on provided factoring services (Appendix 8);

information on securities portfolio and made investments (Appendix 9);

information on attracted funds (Appendix 10);

information on granted guarantees and sureties (Appendix 11); See previous edition.

information on provided financing services based on trade credit (murabaha) (Appendix 11-1);

information on provided Islamic lease services (Appendix 11-2);

information on provided financing services based on advance payment (salam) (Appendix 11-3);

information on provided financing services based on profit sharing (mudaraba) and partnership — financing services based on profit and loss sharing (musharaka) (without establishing a legal entity) (Appendix 11-4);

information on asset analysis (Appendix 11-5);

information on liability analysis (Appendix 11-6);

information on contracts concluded with related persons (Appendix 11-7);

information on major risks (Appendix 11-8);
(Paragraphs 52, eleventh through eighteenth subparagraphs were added based on the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/04 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026)

information on compliance with prudential norms (Appendix 12).
See previous edition.

Microfinance organizations submit the reports and information specified in the second through nineteenth subparagraphs of paragraph 52 of this Regulation. In this regard, the reports and information specified in the fourth, sixth through fourteenth subparagraphs of paragraph 52 of this Regulation are submitted if there are financial results or balances for these services, and the reports and information specified in the fifteenth through nineteenth subparagraphs are submitted if the microfinance organization conducts activities from the funds specified in paragraph 24 of this Regulation.
(Paragraph 53 was edited by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026) See previous edition.

53-1. Factoring organizations submit the reports and information specified in the second through fifth, seventh through ninth, and fifteenth through nineteenth subparagraphs of paragraph 52 of this Regulation.

In this regard, the reports and information specified in the fourth, seventh through ninth subparagraphs of paragraph 52 of this Regulation are submitted if there are financial results or balances for these services, and the reports and information specified in the fifteenth through nineteenth subparagraphs are submitted if the factoring organization conducts activities from the funds specified in paragraph 24 of this Regulation. (Paragraph 53-1 was added based on the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/04 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Effective date — January 21, 2026)

Pawnshops submit the reports and information specified in the second through sixth subparagraphs of paragraph 52 of this Regulation. In this regard, the report specified in the fourth subparagraph of paragraph 52 of this Regulation is submitted if the pawnshop has financial results, and the information specified in the sixth subparagraph is submitted if there are balances for these services.
Information in financial reports must be indicated as of the last day of the reporting month, taking into account operations carried out on the last day of the reporting month.
See previous edition.
Financial reports are submitted to the Central Bank by organizations and pawnshops by the 5th day of the month following the reporting month. If the 5th day of the month falls on a weekend or holiday, the reports must be submitted on the next working day after the weekend or holiday. If errors and deficiencies are identified in the submitted financial reports, the deficiencies must be corrected and the reports resubmitted within five days.
(Paragraph 56 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.
Financial reports must be certified by the electronic digital signature of the head of the executive body of the organizations or pawnshops.
(Paragraph 57 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.
Organizations and pawnshops must form electronic data of financial reports through an automated information system and send them to the Bank's system data warehouse (hereinafter referred to as BSMO in the text) via communication channels by the 10th day of the month following the reporting month. If the 10th day of the month falls on a weekend or holiday, the electronic data of financial reports must be submitted on the next working day after the weekend or holiday.
(Paragraph 58 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

See previous edition.

Organizations and pawnshops:
(First paragraph of Paragraph 59 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

submit an explanatory letter indicating the reasons for delaying the submission of financial reports to the Central Bank and their electronic data to BSMO in cases where:

communication with BSMO is interrupted;

technical means and software are inoperable;

force majeure circumstances occur.
See previous edition.

Organizations and pawnshops must immediately notify the Central Bank of the situations specified in Paragraph 59 of this Regulation and eliminate them within agreed timeframes, fully transmitting the electronic data. In this case, the agreed timeframe must be proportional to the time required to eliminate the situation.
(Paragraph 60 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.
Regardless of the fact that the execution of certain financial operations by organizations and pawnshops is suspended for a certain period in accordance with legislation, they must submit financial reports and their electronic data within the established timeframes.
(Paragraph 61 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

See previous edition.

2-§. Organization of the Internal Audit Service in Organizations and Pawnshops (Name of Paragraph 2 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

See previous edition.

The supervisory board (hereinafter referred to as the Board) of organizations with a balance sheet value of assets exceeding ten billion UZS must establish an internal audit service and ensure its effective operation.
(First paragraph of Paragraph 62 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

An internal audit service must be established in pawnshops with a balance sheet value of assets exceeding five billion UZS. In this case, the requirements for establishing an internal audit service and the methodological foundations for organizing its work are determined in accordance with legislative acts.

See previous edition.

The Board of organizations approves the regulation on the internal audit service of the organization (hereinafter referred to as the internal audit service) in accordance with this Regulation and legislative acts.
(First paragraph of Paragraph 63 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

The regulation on the internal audit service must be reviewed at least once a year by February 1 of the relevant year. Amendments and additions to the regulation on the internal audit service may be made during the year as necessary. If amendments and additions are made to the majority of the regulation on the internal audit service (not less than 50 percent), it is advisable to adopt it in a new edition.

The regulation on the internal audit service must include at least the following:

the goals, tasks, rights, and obligations of the internal audit service;

directions of activity of the internal audit service;

the foundations for ensuring the independence and impartiality of the internal audit service;

the procedure for appointing and dismissing the head and staff of the internal audit service, their rights, obligations, and liability, and accountability;

requirements for the staff of the internal audit service (independence, impartiality, and disinterestedness, professional competence, rules of ethics);

conditions and procedures for informing the Board, the executive body, and the heads of structural subdivisions about the results of internal audits;

the procedure for informing the Board and the executive body about situations hindering the internal audit service in performing its duties; See previous edition.

the procedure for providing advice to organizations on risks that have arisen or may arise, identified deficiencies and problems, and issues related to financial operations, without causing a conflict of interest. (Ninth paragraph of Paragraph 64 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

The head and staff of the internal audit service are appointed and dismissed from their positions by decision of the Board.
The number of staff of the internal audit service must be sufficient to effectively perform internal audit tasks.
See previous edition.
Members of the executive body of organizations, employees working in these organizations, and persons related to them cannot simultaneously work in the internal audit service.
(Paragraph 67 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)
Staff of the internal audit service must meet the following requirements:
See previous edition.

have higher education obtained at higher education institutions of the Republic of Uzbekistan or an internal auditor qualification certificate issued by public associations of auditors of the Republic; (Second paragraph of Paragraph 68 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026) See previous edition.

in the case of obtaining higher education at a foreign state educational institution, have a certificate recognizing the obtained higher education; (Third paragraph of Paragraph 68 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

have at least two years of practical work experience in the fields of banking, microfinance, accounting, auditing, finance, or tax control (including on a contractual basis); See previous edition.

have sufficient knowledge of legislative acts related to the activities of organizations, including knowledge of the normative legal acts of the Central Bank; (Fifth paragraph of Paragraph 68 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

have knowledge and skills in legislative acts and international standards related to accounting and reporting, as well as international auditing standards and their practical application.

To ensure the effectiveness of the internal audit service's work, the plan for internal audit inspections (hereinafter referred to as audit inspections) must be approved by the Board by January 1 of the relevant year.
The Board must be immediately notified by the internal audit service of any pressure exerted on the staff of the internal audit service, including the head, by the executive body or other persons, and of any interference in their work activity.
The head and staff of the internal audit service should not participate in the signing of financial documents or documents involving the acceptance of risks that may adversely affect their impartiality and disinterestedness.
To ensure impartiality, staff of the internal audit service should not participate in the development, implementation, or execution of internal control measures (internal documents, including policies, regulations, rules, etc.), except for the development of internal audit measures and providing opinions and comments of the internal audit service on risk management or internal control measures.
The internal audit service must independently analyze and evaluate the following:
See previous edition.

the effectiveness of the organization's business processes, administrative, and operational processes in achieving the goals set for the organizations; (Second paragraph of Paragraph 73 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

the reliability, completeness, and effectiveness of information systems, as well as the relevance, accuracy, convenience, and confidentiality of data; See previous edition.

compliance with legislative acts, including the prudential requirements of the Central Bank, and the internal documents of the organizations; (Fourth paragraph of Paragraph 73 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

the timely elimination of deficiencies identified by the Central Bank, other state bodies, and external auditors;

the integrity of assets.

The regulation on the internal audit service may assign the internal audit service other tasks to analyze and evaluate issues other than those specified in this paragraph.

Staff of the internal audit service are held responsible in the following situations:

if they distort (alter) the results of audit inspections;

if they fail to ensure the confidentiality of any information constituting bank secrecy obtained during the performance of their duties in accordance with legislative acts;

if they use information obtained during the performance of their duties for personal purposes or for the benefit of third parties; See previous edition.

if they fail to perform other obligations in accordance with legislative acts and the internal documents of the organizations. (Fifth paragraph of Paragraph 74 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

Before the audit inspection, a detailed audit inspection program (hereinafter referred to as the audit program) must be developed and approved by the head of the internal audit service in the established manner.
The audit program must include the goals of the audit inspection, the areas and directions of inspection, a detailed work plan, the schedule of inspections, descriptions of the procedures for inspecting each direction that is the subject of the audit, and a list of internal auditors participating in the audit inspections.

Amendments may be made to the audit program during the implementation of the audit inspection. Amendments must be documented in writing and approved.

See previous edition.

After the completion of the audit inspection, an audit report must be prepared, which must include the audit goals, scope, conclusions, and detailed recommendations for eliminating each identified deficiency. Recommendations must include a brief explanation of the identified problems and their causes, existing risks, required measures, including the review of the organization's internal policies and procedures.
(First paragraph of Paragraph 77 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

Reports of the internal audit service must be based on the independent opinions and comments of the staff of the internal audit service. See previous edition.

Audit reports must be submitted directly to the Board. Copies of these reports are submitted to the executive body, as well as to the relevant structural subdivisions of the organizations and branch managers.
(Paragraph 78 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)
The executive body develops a plan of measures necessary to eliminate deficiencies and violations identified during the conducted audit inspection.
The internal audit service must establish subsequent control over the timely and appropriate implementation of measures to eliminate deficiencies and violations identified during the inspection. Responsibility for conducting subsequent inspection must be specified in the regulation on the internal audit service.
The Board must monitor the implementation by the executive body of measures aimed at eliminating deficiencies and violations identified as a result of the audit inspection.

Chapter 6. Final Provisions

Persons who violate the requirements of this Regulation are held responsible in the manner established by legislative acts.

See previous edition.

Regulation on the Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops

APPENDIX 1
(Sign of Appendix 1 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

(Name of the pawnshop)

(Address of the pawnshop)

_____-number storage receipt

Full Name of the Pledgor

Document confirming identity ____________________________________________________
Place of residence ___________________________________________________________________

Date of microloan issuance

Microloan amount

Microloan repayment date

Name and description of pledged property ______________________________________

Assessed value of the pledge __________________________________________________

(in numbers and words)

Term of the pledge ____________________________________________________________

The pledged item is handed over to the pawnshop for possession.

The pawnshop does not have the right to use the pledged item, give it to another person, lease it to third parties, or dispose of it in any other form.

Re-pledging of the pledged item is prohibited.

The pledged item is not property necessary for the normal life of the pledgor and (or) his family members.

If the microloan secured by the pledged item is not repaid within the specified time, the pawnshop has the right to sell this property in accordance with legislation.

Other terms: ____________________________________________________________________

This pledge receipt is drawn up in 2 copies.

I have familiarized myself with the terms of the pledge receipt and received one copy.

Receiver

Pledgor

(Full Name, signature)

(signature)

Seal of the pawnshop

See previous edition.

Regulation on the Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops

APPENDIX 2
(Sign of Appendix 2 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

(Name of the pawnshop)

(Address of the pawnshop)

_____-number storage receipt

Full Name of the Consignor

Document confirming identity ________________________________________________________________
Place of residence _______________________________________________________________________________
Name of the goods and its description _________________________________________________________________
Assessed value of the goods _______________________________________________________________

(in numbers and words)

Storage location and method ______________________________________________________________________
Date of acceptance for storage _______________________________________________________________
Storage period ___________________________________________________________________________________________
Amount of fee for storage ___________________________________________________________________

The pawnshop does not have the right to use or dispose of the goods handed over for storage without the consent of the owner (except for cases of using them to ensure the storage of the goods).

The pawnshop is responsible for the loss, shortage, or damage of the goods accepted for storage.

The pawnshop must insure the goods accepted for storage at its own expense for the benefit of the consignor at their full assessed value.

The pawnshop must immediately return the goods placed for storage upon the request of the consignor.

In such a case, due to the early termination of the obligation, the consignor must compensate the pawnshop for the damages incurred.

If the consignor refuses to take the goods, unless otherwise provided for in the storage contract, the pawnshop has the right to independently sell the goods in the manner established by legislation.

Other terms: ______________________________________________________________________________

This storage receipt is drawn up in 2 copies.

Receiver

Consignor

(Full Name, signature)

(signature)

Seal of the pawnshop

See previous edition.

Regulation on the Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops

APPENDIX 3
(Sign of Appendix 3 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

(Name of the organization)

As of 20__ year ""______

BALANCE SHEET

in UZS

Account Number

Account Name

Balance at the beginning of the reporting date

Debit

Credit

Balance at the end of the reporting date

Debit

Credit

Debit

Credit

Account Group

Main accounts (first level) belonging to the account group

Sub-accounts (second level) belonging to the main accounts

Signature of the Head:

Full Name.

Signature of the Chief Accountant:

Full Name.

See previous edition.

Regulation on the Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops

APPENDIX 4
(Sign of Appendix 4 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan dated September 15, 2025 No. 21/4 (registration number 3412-1, 17.10.2025) — , 20.10.2025, No. 10/25/3412-1/0952. Date of entry into force — January 21, 2026)

(Name of the organization)

BALANCE SHEET REPORT

As of 20__ year ""______

CODE

INDICATORS

in thousand UZS

ASSETS

Cash in the treasury and other payment documents

Deposits in banks and other funds

Accrued interest receivable

Purchased debt receivables — factoring

Loans (microcredit, microloan, consumer), gross

Minus: Reserve for possible losses on loans

Loans, net (code 50 — code 51)

Leasing, gross

Minus: Reserve for possible losses on leasing

Leasing, net

Investments, gross

Minus: Reserve for possible losses on investments

Investments, net

Fixed assets, net

Intangible assets, net

100

Other private property

101

a. Minus: Reserve for possible losses

102

b. Other private property, net (code 100 — code 101)

110

Other assets

120

Total assets (10+20+30+40+52+62+72+80+90+102+110)

LIABILITIES AND CAPITAL

LIABILITIES

210

Loans and debts payable

220

Leasing liabilities

230

Issued bonds

240

Interest payable

250

Taxes to be paid

260

Income with extended deadlines

270

Other liabilities

280

Total liabilities (210+220+230+240+250+260+270)

CAPITAL

310

Charter capital

311

a. Shares - ordinary

312

b. Shares - preferred

320

Additional capital

330

Reserve capital

331

a. General reserve fund

332

b. Other reserves and funds

340

Undistributed profit

350

Current year profit (loss)

360

Total capital (310 (311 + 312) + 320 + 330 + 340 + 350)

370

Total liabilities and capital (280 + 360)

Signature of the Head:

Full Name

Signature of the Chief Accountant:

Full Name

See previous edition.

Appendix 5 to the Regulations on Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops
(Appendix 5 is in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, dated 17.10.2025) - , 20.10.2025, No. 10/25/3412-1/0952. Effective date - January 21, 2026)

(name of the organization)

Report on financial results

As of "___" ___________ 20

CODE

INDICATORS

in thousand sums

INTEREST INCOME

110

Interest income on deposits in banks

120

Interest income on loans (microloans) granted to individuals

130

Interest income on microloans granted to self-employed persons

140

Interest income on loans (microloans) granted to individual entrepreneurs

150

Interest income on loans (microloans) granted to legal entities

160

Interest income on leasing

170

Other interest income

180

Total interest income (110+120+130+140+150+160+170)

INTEREST EXPENSES

210

Interest expenses on attracted loan funds

220

Interest expenses payable on loans obtained from banks

230

Interest expenses payable to other creditors

240

Interest expenses on issued bonds

250

Interest expenses on leasing

260

Other interest expenses

270

Total interest expenses (210+220+230+240+250+260)

310

NET INTEREST INCOME BEFORE ASSESSMENT OF POSSIBLE LOSSES ON CREDITS AND LEASING (170 — 270)

320

Less: Assessment of possible losses on credits and leasing

330

Net interest income after assessment of possible losses on credits and leasing (310 — 320)

NON-INTEREST INCOME

410

Income received for services provided in the course of guarantee and surety operations

420

Income received for factoring services

430

Income from services and other intermediation

440

Profit from changes in foreign exchange rates

450

Profit and dividends from investments

460

Other non-interest income

470

Total non-interest income (410+420+430+440+450+460)

NON-INTEREST EXPENSES

510

Expenses for services provided and intermediation

520

Losses from changes in foreign exchange rates

530

Losses from investments

540

Other non-interest expenses

550

Total non-interest expenses (510+520+530+540)

600

NET PROFIT BEFORE OPERATING EXPENSES (330+470-550)

OPERATING EXPENSES

710

Employee salaries and other expenses for them

720

Rent and maintenance expenses

730

Business trip and transport expenses

740

Administrative expenses

750

Representation and charity

760

Depreciation expenses

770

Insurance, taxes and other expenses

780

Total operating expenses (710+720+730+740+750+760+770)

800

ASSESSMENT OF POSSIBLE LOSSES NOT RELATED TO CREDITS AND LEASING

900

NET PROFIT BEFORE INCOME TAX AND OTHER ADJUSTMENTS (600 — 780 — 800)

INCOME TAX

1000

Assessment of income tax

1100

PROFIT BEFORE ADJUSTMENTS (900 — 1000)

1110

Adjustments before profit, net*

1200

NET PROFIT (LOSS) (1100+1110)

Note: dividends calculated from current year profit

Signature of the Head:

Full Name

Signature of the Chief Accountant:

Full Name

See previous edition.

Appendix 6 to the Regulations on Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops
(Appendix 6 is in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, dated 17.10.2025) - , 20.10.2025, No. 10/25/3412-1/0952. Effective date - January 21, 2026)

(name of the organization)

Changes in capital

As of "___" ___________ 20

CODE

INDICATORS

in thousand sums

100

Capital of the previous year

200

Adjustments to capital not reflected in the previous year report, net

300

Capital of the previous year after adjustments (100 + 200)

400

Net profit from the beginning of the year

500

Changes in charter capital in the current year

600

Changes in additional capital

700

Changes in reserve fund

800

Changes in the current year in free-received property

900

Increase in valuation value relative to initial value

1000

LESS: Distributed part of previous year profit

1100

LESS: Dividends calculated from current year profit

1200

Other changes affecting current year capital (net)

1300

Total capital

(300 + 400 + 500 + 600 + 700 + 800 + 900 — 1000 — 1100+1200)

Signature of the Head:

Full Name

Signature of the Chief Accountant:

Full Name

See previous edition.

Appendix 7 to the Regulations on Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops

(name of the organization)

Information on credits granted and leasing services provided

in thousand sums

No.

Account

Region code

District/city code

Full name of the debtor

TIN/PSIN of the debtor

Subject type:
1-legal entity, 2-individual entrepreneur, 3-self-employed person, 4-individual

Relatedness to the microfinance organization (yes, no)

Number of mutually related debtor group

Credit (consumer, microcredit, microloan, leasing) amount

Credit (consumer, microcredit, microloan, leasing) balance

Reserve balance for covering possible losses on credits

Accrued interest, not yet due for payment

Annual interest rate

Date of granting the credit (consumer, microcredit, microloan, leasing)

Date of repayment of the credit (consumer, microcredit, microloan, leasing)

Credit type:
1-consumer; 2-microcredit; 3-microloan; 4-leasing

Collateral type:
0-unsecured; 1-real estate; 2-transport; 3-securities; 4-others

Registration number of the pledged property in the pledge register

Date of extension of the credit (consumer, microcredit, microloan, leasing)

Date of repayment of the credit (consumer, microcredit, microloan, leasing) after extension

Value of collateral

Overdue principal debt

of which, debt maturity

Overdue accrued interest

1-30 days

31-90 days

91-180 days

181 days and above

(16377 account)

(91501 account)

(Appendix 7 is in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, dated 17.10.2025) - , 20.10.2025, No. 10/25/3412-1/0952. Effective date - January 21, 2026)

See previous edition.

Appendix 8 to the Regulations on Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops
(Appendix 8 is in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, dated 17.10.2025) - , 20.10.2025, No. 10/25/3412-1/0952. Effective date - January 21, 2026)

(name of the organization)

Information on factoring services provided

As of "___" ___________ 20

in thousand sums

No.

Organization name

Contract number

Contract date

Number and date of the comparison act invoice

Amount of the comparison act

Contract amount

Factor contract amount

Discount interest rate

Discount amount

Number of days

Payment date

Repayment period

Amount paid for factoring

Total balance for factoring

Amount of overdue debt

Amount of overdue accounts receivable

Factoring operations in court proceedings

Accrued penalties

Amount of formed reserve

Balance off-balance sheet account

Total balance of all term factoring

Balance for factoring

Balance for discount

Total amount of overdue accounts receivable

Debt amount under factor contract

Debt amount for discount

Up to 30 days

31 to 90 days

91 to 180 days

181 days and above

Date

Amount

Signature of the Head:

Full Name

Signature of the Chief Accountant:

Full Name

See previous edition.

Appendix 9 to the Regulations on Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops
(Appendix 9 is in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, dated 17.10.2025) - , 20.10.2025, No. 10/25/3412-1/0952. Effective date - January 21, 2026)

See previous edition.

Information on the securities portfolio and investments made by

(name of the organization)

As of "___" ___________ 20

in thousand sums

No.

Balance account

Issuer

Date of purchase

Date of repayment

Issuer's charter fund (capital)
(as of the reporting date)

Nominal value of 1 security
(equivalent in thousand sums)

Amount paid for 1 security (equivalent in thousand sums)

Total amount paid for securities
(gross)

Reserve amount

Balance amount

Income received (paid) from the date of purchase of securities (investments)

Date of last received income

Issuer's share in the charter fund (capital) of organizations

Ownership level of the organization's shareholders in a related organization

Total

Share of organizations

For previous years

For current year

Amount

(% )

Shareholder of the organization Full Name / name

TIN/PSIN

Amount

Share (% )

name

TIN

Amount

Share (%)

Signature of the Head:

(Full Name)

Signature of the Chief Accountant:

(Full Name)

(Appendix 9 is in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, dated 17.10.2025) - , 20.10.2025, No. 10/25/3412-1/0952. Effective date - January 21, 2026)

See previous edition.

Appendix 10 to the Regulations on Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops

___________________________________________________ attracted funds information

(name of the organization)

No.

Balance account

Full name of the creditor

TIN/PSIN of the creditor (for legal entities - taxpayer identification number, for individuals and physical persons - personal identification number)

Amount of attracted funds (in thousand sums)

Balance of attracted funds
(in thousand sums)

Accrued interest
(in thousand sums)

Annual interest rate

Date funds were attracted

Date of repayment of funds

Signature of the Head:

(Full Name)

Signature of the Chief Accountant:

(Full Name)

(Appendix 10 is in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, dated 17.10.2025) - , 20.10.2025, No. 10/25/3412-1/0952. Effective date - January 21, 2026)

See previous edition.

Appendix 11 to the Regulations on Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops
(Appendix 11 is in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, dated 17.10.2025) - , 20.10.2025, No. 10/25/3412-1/0952. Effective date - January 21, 2026)

__________________________________________ information on guarantees and sureties provided

(name of the organization)

As of "___" ___________ 20

in thousand sums

No.

Balance account

Customer

Relatedness to the microfinance organization (yes/no)

Date of guarantee/surety provided

Validity period of the guarantee/surety

Amount of the provided guarantee/surety

Purpose of the provided guarantee/surety

(in detail)

Collateral

including, deposit funds

name

TIN/PSIN

amount

type

Signature of the Head:

(Full Name)

Signature of the Chief Accountant:

(Full Name)

See previous edition.

Appendix 11-1 to the Regulations on Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops

(name of the organization)

Information on murabaha services provided

in thousand sums

No.

Account

Region code

District/city code

Full name of the debtor

TIN/PSIN of the debtor

Subject type: 1-legal entity, 2-individual entrepreneur, 3-self-employed person, 4-individual

Relatedness to the microfinance organization (yes, no)

Number of mutually related debtor group

Murabaha object: 1-real estate; 2-transport;
3-household appliances; 4-others

Murabaha amount

Markup amount

Murabaha balance

Reserve balance for covering possible losses on murabaha

Accrued, not yet due markup

Date of murabaha grant

Murabaha end date

Collateral type: 0-unsecured; 1-real estate; 2-transport; 3-securities; 4-others

Registration number of the pledged property in the pledge register

Date of murabaha extension

End date of murabaha after extension

Value of collateral

Overdue principal debt

of which, debt maturity

1-30 days

31-90 days

91-180 days

181 days and above

Appendix 11-2 to the Regulations on Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops

(name of the organization)

Information on Islamic leasing services provided

in thousand sums

No.

Account

Region code

District/city code

Full name of the lessee

TIN/PSIN of the lessee

Subject type: 1-legal entity, 2-individual entrepreneur, 3-self-employed person, 4-individual

Relatedness to the microfinance organization (yes, no)

Number of mutually related debtor group

Leasing type: 1-Islamic leasing; 2-lease ending with purchase

Leasing object: 1-real estate; 2-transport; 3-equipment; 4-others

Leasing amount

Balance of leasing payments

Reserve balance for covering possible losses on the leasing object

Date of signing the leasing contract

Date of handing over the leasing object to the lessee

End date of the leasing contract

Collateral type: 0-unsecured; 1-real estate; 2-transport; 3-securities; 4-others

Registration number of the pledged property in the pledge register

Date of extension of the leasing contract term

End date of the leasing contract after extension

Value of collateral

Overdue leasing payments

of which, debt maturity

1-30 days

31-90 days

91-180 days

181 days and above

Appendix 11-3 to the Regulations on Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops

(name of the organization)

Information on salam services provided

in thousand sums

No.

Account

Region code

District/city code

Full name of the seller (customer)

TIN/PSIN of the seller

Subject type: 1-legal entity, 2-individual entrepreneur, 3-self-employed person, 4-individual

Relatedness to the microfinance organization (yes, no)

Number of mutually related debtor group

Salam contract amount

Amount paid under the salam contract

Reserve balance for covering possible losses on salam services

Salam contract object

Quantity/volume of the salam contract object

Date of signing the salam contract

Date of payment under the salam contract

Date of acceptance of the salam contract object

Amount of payments made under the salam contract

Collateral type: 0-unsecured; 1-real estate; 2-transport; 3-securities; 4-others

Registration number of the pledged property in the pledge register

Date of extension of the delivery period of the salam object

Date of delivery of the salam object after extension

Value of collateral

Overdue debt

of which, debt maturity

1-30 days

31-90 days

91-180 days

181 days and above

Appendix 11-4 to the Regulations on Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops

(name of the organization)

Information on mudaraba and musharaka services (without forming a legal entity) provided

in thousand sums

No.

Account

Region code

District/city code

Full name of the financed customer

TIN/PSIN of the customer

Subject type: 1-legal entity, 2-individual entrepreneur, 3-self-employed person, 4-individual

Relatedness to the microfinance organization (yes, no)

Number of mutually related debtor group

Service type: 1-mudaraba, 2-musharaka

Contract amount

Amount of contributed capital

Form of contributed capital (1-monetary funds 2-material assets 3-intangible assets)

Name of material or intangible asset contributed as capital

Reserve balance for covering possible losses on contributed capital

Expected income amount (annual margin)

Microfinance organization's share in profit distribution

(under the contract)

Microfinance organization's share in loss distribution

(within the scope of musharaka service)

Date of signing the contract

Date of capital contribution

End date of the contract

Income received (paid) from the date of capital contribution

Collateral type: 0-unsecured; 1-real estate; 2-transport; 3-securities; 4-others

Registration number of the pledged property in the pledge register

Date of contract extension

End date of the contract after extension

Value of collateral

For previous years

For current year

Appendix 11-5 to the Regulations on Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops

(name of the organization)

Information on asset analysis

in thousand sums

No.

ASSETS

Total

Of which, maturity (days and years)

Indefinite

1 to 30 days

31 to 90 days

91 to 180 days

181 to 365 days

1 to 2 years

Over 2 years

Cash in the vault

Deposits in banks and other funds

Accrued interest receivable

Purchased accounts receivable - factoring, net

Loans (microcredit, microloan, consumer), net

Leasing, net

Investments, net

Fixed assets

Intangible assets

Other private property

Other assets

Total assets

Appendix 11-6 to the Regulations on Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops

(name of the organization)

Information on liability analysis

in thousand sums

No.

LIABILITIES

Total

Maturity (days and years)

Indefinite

1 to 30 days

31 to 90 days

91 to 180 days

181 to 365 days

1 to 2 years

Over 2 years

Loans and debts to be paid

Liabilities on leasing

Issued bonds

Interest to be paid

Taxes to be paid

Other liabilities

Total liabilities

Appendix 11-7 to the Regulations on Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops

(name of the organization)

Report on contracts concluded with related persons

in thousand sums

No.

Customer name

TIN

Activity type

(IFUT)

Currency code

Group number

Current debt,

gross

Of which

Number of restructured terms for credits or leasing

Classification

(number)

Reserves created

Current debt,

net

balance sheet assets

off-balance sheet assets

Credits

Investments

Other assets

guarantees, sureties and income received from them

6.1

6.2

6.3

6.4

Maximum amount of risk attributable to all related persons of the organization

Maximum amount of risk for one borrower or a group of mutually related borrowers of the organization

Appendix 11-8 to the Regulations on Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops

(name of the organization)

Report on large exposures

in thousand sums

No.

Customer name

TIN

Activity type

(IFUT)

Currency code

Group number

Current debt,

gross

Of which

Number of restructured terms for credits or leasing

Classification

(number)

Reserves created

Current debt,

net

balance sheet assets

off-balance sheet assets

Credits

Investments

Other assets

guarantees, sureties and income received from them

6.1

6.2

6.3

6.4

Total large assets

Largest asset granted

(Appendices 11-1 — 11-8 were introduced based on the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 21/04 dated September 15, 2025 (registration number 3412-1, dated 17.10.2025) - , 20.10.2025, No. 10/25/3412-1/0952. Effective date - January 21, 2026)

See previous edition.

Appendix 12 to the Regulations on Coordination and Regulation of Activities of Microfinance Organizations, Factoring Companies, and Pawnshops
(Appendix 12 is in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 21/4 dated September 15, 2025 (registration number 3412-1, dated 17.10.2025) - , 20.10.2025, No. 10/25/3412-1/0952. Effective date - January 21, 2026)

Information on compliance with prudential norms

Indicators

Formula

Norm

Actual

Capital adequacy indicator

1.1

Capital adequacy ratio

total equity capital

0,10

total assets

Liquidity indicator

2.1

Liquidity ratio

cash in the vault, funds in banks available on demand, assets with a payment term of up to 30 days, excluding assets with overdue debt

1,00

demands and liabilities with an execution term of up to 30 days

Operations with debtors

2.1

Maximum amount of risk related to one borrower or a group of mutually related debtors

one borrower or a group of mutually related debtors

0,25

equity capital

2.2

total amount of all large exposures

all large exposures

5,00

equity capital

2.3

Maximum amount of risk attributable to one related person to a microfinance organization

risk attributable to one related person

0.25

private capital

2.3

Maximum amount of risk attributable to all persons related to a microfinance organization

risk attributable to all related persons

0.50

private capital

Investments

3.1

Maximum amount of investments in the charter fund (charter capital) and (or) debt securities of legal entities

total amount of investments

0.20

private capital

Signature of the Head:

Full Name

Signature of the Chief Accountant:

Full Name

(, 13.01.2023, No. 10/23/3412/0021; 20.10.2025, No. 10/25/3412-1/0952)

Regulation on the Coordination and Regulation of Microfinance Organizations, Factoring Companies and Pawnshops

Lineage: Amended

Timeline