Uzbekistan Central Bank Predicts Decline in Credit and Deposit Rates

Uzbekistan's Central Bank expects credit and deposit rates to decrease over the next 3-4 years. Deputy Chairman Nodirbek Achilov explained that while the main rate is stable, commercial bank lending rates remain high but show a downward trend. Mortgage rates have also fallen, though microloans and unsecured short-term loans still have the highest rates.

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