Uzbekistan has signed a memorandum of understanding with Croatia regarding deposit guarantee systems.

Representatives from the Deposit Guarantee Fund of Uzbekistan participated in the annual conference of the International Association of Deposit Insurers (IADI). The delegation was led by Abrorhodja Turdaliev, the Deputy Chairman of the Central Bank.

https://uzdaily.uz/ru/uzbekistan-podpisal-memorandum-o-vzaimoponimanii-s-khorvatiei-v-sfere-garantirovaniia-vkladov/2024-11-17 08:47:24

Participation in the meetings of the Eurasian and Asia-Pacific Regional Committees of AIDI allowed the Uzbek delegation to present significant changes that have occurred in the national deposit guarantee system, as well as to adopt advanced international practices.

A noteworthy aspect was the meeting with the Korea Deposit Insurance Corporation (KDIC), during which the prospects for collaborative efforts to enhance the mechanisms for deposit payouts in Uzbekistan were discussed.

In the context of the transition of the Deposit Guarantee Fund to the paybox-plus system, negotiations were held with foreign partners who possess advanced experience in deposit insurance. Issues related to optimizing transactional processes and further developing the system were discussed, and valuable recommendations were received.