The Central Bank of Uzbekistan discussed the development of the financial sector with the "Big Four" firms.

The leadership of the Central Bank of the Republic of Uzbekistan held a meeting with representatives from the world's largest auditing firms, commonly referred to as the "Big Four": KPMG, Deloitte, Ernst and Young, and PricewaterhouseCoopers. The meeting focused on discussing the future development of the country's financial sector.

https://uzdaily.uz/ru/tsentralnyi-bank-uzbekistana-obsudil-razvitie-finansovogo-sektora-s-bolshoi-chetverkoi/2025-01-23 08:47:55

- Further development of the financial sector: strategic directions for growth were discussed, including digitalization, enhancing competitiveness, and strengthening the resilience of financial institutions.

- Increasing accessibility of banking services: Special attention was given to expanding access to financial services for the population and small and medium-sized enterprises.

- Strengthening research potential: The Central Bank proposed the establishment of a permanent platform for collaborative research and the development of recommendations to improve the financial sector.

- Representatives of the "Big Four" shared their experiences and expertise, providing information on projects implemented in other countries. They also offered their suggestions for priority measures to develop Uzbekistan's financial sector and expressed their readiness for active cooperation with the Central Bank in implementing the proposed initiatives.

This meeting demonstrates the Central Bank of Uzbekistan's commitment to attracting international experience and best practices for the development of the country's financial sector. The creation of a joint research platform is expected to become an effective mechanism for formulating and implementing policies aimed at sustainable growth and increasing the accessibility of financial services.