{"id":8091,"date":"2025-08-30T16:04:48","date_gmt":"2025-08-30T11:04:48","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/eurasian-bank-explained-uzbekistans-departure-as-a-strategic-decision\/"},"modified":"2025-08-30T16:04:48","modified_gmt":"2025-08-30T11:04:48","slug":"eurasian-bank-explained-uzbekistans-departure-as-a-strategic-decision","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/eurasian-bank-explained-uzbekistans-departure-as-a-strategic-decision\/","title":{"rendered":"Eurasian Bank explained Uzbekistan&#8217;s departure as a strategic decision"},"content":{"rendered":"<p><strong>Why is this important<\/strong><\/p>\n<p>The bank&#8217;s comment softens the perception of the situation, portraying it as a strategic move rather than merely a regulatory sanction. For the financial sector, this indicates increasing capital requirements and the stability of banks in Uzbekistan. <\/p>\n<p><strong>What happened<\/strong><\/p>\n<ul>\n<li>On 28 August, the Central Bank of Uzbekistan announced the revocation of the Eurasian Bank&#8217;s licence (Uzbekistan).<\/li>\n<li>Reason: failure to meet capital minimum requirements and breach of banking legislation.<\/li>\n<li>In response, the Eurasian Bank stated that the decision to stop investing in the Uzbek &#8220;daughter&#8221; was made in advance \u2014 at the level of the board of directors;<\/li>\n<li>The bank&#8217;s current focus is on executing projects and solidifying its position in Kazakhstan&#8217;s domestic market.<\/li>\n<\/ul>\n<p><strong>What they say<\/strong><\/p>\n<p>The Eurasian Bank&#8217;s press service states that concentrating on the domestic market (<em>Kazakhstan \u2014 ed.<\/em>) will enable the launch of new projects and reinforce positions in key sectors most important to clients and partners.<\/p>\n<p><strong>Context<\/strong><\/p>\n<p>The Eurasian Bank received approval to operate in Uzbekistan in 2022, but it has yet to implement large-scale operations. Based on the results of the first half of 2025, it has been listed among the unprofitable banks (minus 51.6 billion soums). <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Eurasian Bank stated that the closure of its subsidiary in Uzbekistan is due to its focus on the Kazakh market. The decision was made even before the Central Bank revoked the license. <\/p>\n","protected":false},"author":4,"featured_media":8092,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_sharing_image":[],"_sharing_image_fieldset":[],"pin_until":"","footnotes":""},"categories":[2061],"tags":[2081,2082,2079,2080],"class_list":["post-8091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-cb","tag-eurasian-bank","tag-finance","tag-kazakhstan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.0 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Eurasian Bank explained Uzbekistan&#039;s departure as a strategic decision &#8212; Frank.uz<\/title>\n<meta name=\"description\" content=\"The Eurasian Bank stated that the closure of its subsidiary in Uzbekistan is due to its focus on the Kazakh market. The decision was made even before the Central Bank revoked the license.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/frank.uz\/en\/news-en\/eurasian-bank-explained-uzbekistans-departure-as-a-strategic-decision\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eurasian Bank explained Uzbekistan&#039;s departure as a strategic decision\" \/>\n<meta property=\"og:description\" content=\"The Eurasian Bank stated that the closure of its subsidiary in Uzbekistan is due to its focus on the Kazakh market. 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