Why is this important
Financial guarantees reduce risks for banks and facilitate business access to loans. This is especially important against the backdrop of tightening financing conditions and increasing rates.
What happened
- From December 2025, the entrepreneurship development company will begin issuing guarantees and sureties;
- Large businesses will be able to receive up to 10 billion soums, but not more than 50% of the loan amount (including leasing);
- Medium and large businesses in the production, service, and green economy sectors will also gain access to guarantees of up to 10 billion soums;
- Entrepreneurs with good credit history will be able to count on a 50% increase in the limit;
- From 2026, entrepreneurs from remote regions will be compensated for part of the loan through refinancing — from 1.5 to 5 billion soums.
What they say
Experts believe that expanding support tools will make programs more accessible for regional businesses and enhance the impact of government policies on import substitution and employment.
Context
In 2024, entrepreneurs received guarantees totaling approximately 2 trillion soums. Uzbekistan is gradually expanding the tools of indirect support for SMEs, including benefits, grants, and guarantees. International partners, including the EBRD and ADB, support such schemes through credit lines.
