{"id":9750,"date":"2025-09-23T18:48:47","date_gmt":"2025-09-23T13:48:47","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/bank-ombudsman-may-appear-in-uzbekistan\/"},"modified":"2025-09-23T18:48:47","modified_gmt":"2025-09-23T13:48:47","slug":"bank-ombudsman-may-appear-in-uzbekistan","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/bank-ombudsman-may-appear-in-uzbekistan\/","title":{"rendered":"Bank Ombudsman may appear in Uzbekistan"},"content":{"rendered":"<p><strong>Why is this important<\/strong><\/p>\n<p>The creation of an ombudsman can reduce the burden on courts, increase business confidence in the banking system, and accelerate the resolution of conflicts, especially those related to Islamic finance and credit obligations.<\/p>\n<p><strong>What happened<\/strong><\/p>\n<ul>\n<li>The Deputy Chairman of the Central Bank, Abrorkhuja Turdialiyev, announced plans to introduce the Bank Ombudsman service.<\/li>\n<li>The initiative emerged during the discussion of the draft law on Islamic finance in the Legislative Chamber of the Oliy Majlis.<\/li>\n<li>The Ombudsman will be a tool for pre-trial settlement of disputes between entrepreneurs and banks.<\/li>\n<li>The goal is to reduce the number of court cases arising from misunderstandings and disputes with banking services.<\/li>\n<\/ul>\n<p><strong>Context<\/strong><\/p>\n<p>The Ministry of Finance and the Central Bank are working on the legislative framework for Islamic banking: licensing, standards, and obligations. The establishment of an Islamic Finance Council under the Central Bank, which will establish standards and monitor practices, is also being discussed. <\/p>\n<p>There are still few specialists in Islamic finance in the country; the ombudsman&#8217;s tool can help eliminate mistakes and misunderstandings in new finance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank intends to establish a banking ombudsman institution that will consider disputes between banks and entrepreneurs and assist in their pre-trial resolution.<\/p>\n","protected":false},"author":4,"featured_media":8619,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":[],"_sharing_image_fieldset":[],"pin_until":"","footnotes":""},"categories":[2061],"tags":[2212,2081,2831,2467,2832],"class_list":["post-9750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-banks","tag-cb","tag-islamic-finance","tag-legislation","tag-ombudsman-en"],"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>Bank Ombudsman may appear in Uzbekistan &#8212; Frank.uz<\/title>\n<meta name=\"description\" content=\"The Central Bank intends to establish a banking ombudsman institution that will consider disputes between banks and entrepreneurs and assist in their pre-trial resolution.\" \/>\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\/bank-ombudsman-may-appear-in-uzbekistan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank Ombudsman may appear in Uzbekistan\" \/>\n<meta property=\"og:description\" content=\"The Central Bank intends to establish a banking ombudsman institution that will consider disputes between banks and entrepreneurs and assist in their pre-trial resolution.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/frank.uz\/en\/news-en\/bank-ombudsman-may-appear-in-uzbekistan\/\" \/>\n<meta property=\"og:site_name\" content=\"Frank.uz\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FrankUzbekistan\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-23T13:48:47+00:00\" \/>\n<meta name=\"author\" content=\"Azamat\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@frank_uzb\" \/>\n<meta name=\"twitter:site\" content=\"@frank_uzb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Azamat\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/frank.uz\/en\/news-en\/bank-ombudsman-may-appear-in-uzbekistan\/\",\"url\":\"https:\/\/frank.uz\/en\/news-en\/bank-ombudsman-may-appear-in-uzbekistan\/\",\"name\":\"Bank Ombudsman may appear in Uzbekistan &#8212; 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