• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12705.79
    • RUB159.2
    • EUR14704.41
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +33°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Money

    ADB to support housing finance in Uzbekistan

    ADB to support housing finance in Uzbekistan

    The Asian Development Bank (ADB) has approved a $150mn loan that would help expand green renovation loans in Uzbekistan while boosting the funding available to commercial lenders in the republic to continue providing affordable home loans.

    Under ADB's Mortgage Market Sector Development Program, the loan would supplement funding for the Mortgage Refinancing Company of Uzbekistan (UzMRC) to make local currency resources available to eligible financial institutions that provide residential mortgages, home improvement loans, and refinance green renovation loans. In Uzbekistan, borrowers can use green renovation loans to refurbish or install heating and cooling systems, install solar panels, enhance insulation, and water-improving energy efficiency.

    'A safe and comfortable home is a basic human right, and we are pleased to have helped increase the availability of affordable mortgages in Uzbekistan,' ADB Director General for Central and West Asia Yevgeniy Zhukov said.

    'We are also delighted that this program will help homeowners improve their household energy efficiency and promote climate mitigation,' he added. 

    With ADB's support, UzMRC will develop and implement the green renovation loan tool kit, which includes an eligibility assessment of green renovation products and energy-saving calculations. 

    Under the ADB program, at least 32.5% of the loans should go to women. The loan will also promote financing mechanisms to catalyze market-based mortgage finance in Uzbekistan, expand the availability of residential mortgage products, including green financing, and bring product innovation to the banking sector.

    'ADB's support will continue to broaden access to housing finance across Uzbekistan by providing critical long-term funding to participating financial institutions,' ADB Principal Financial Sector Specialist Syed Ali-Mumtaz H. Shah said.

    'The inclusion of green financing and product innovation in the banking sector will also lengthen the tenor of market-based mortgage loans,' he concluded.

    08.11.2022, 20:19   Comments (0)   1006
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Uzbekistan to expand its limit on export of jewelry

    08.11.2022, 09:36

     Samarkand Forum: Uzbek banks ink agreements on Islamic financing

    03.11.2022, 16:39

    USD rate drops again in Uzbekistan

    01.11.2022, 16:37

    Diesel fuel cost drops in Uzbekistan    

    31.10.2022, 16:45

    Uzbekistan's top highest paying jobs unveiled

    20.10.2022, 14:56

    US dollar rises to new peak against UZS

    18.10.2022, 18:00
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024


    Beeline Uzbekistan started 2025 with a significant network modernization


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp

     

    Recommended

    "Visa simplification with Uzbekistan could be on the table," EU Ambassador Klaar points out

    11 June, 12:12

    “Uzbekistan is undergoing large-scale reforms and transformation,” says EU business leader at TIIF

    11 June, 08:34

    Central Bank warns half of monthly income goes to loans as debt burden rises in Uzbekistan

    3 June, 12:34

    Uzbekistan’s foreign trade turnover reaches $24.6bn in 4M25, up 16.3% y/y

    22 May, 11:29
     
     
     

    Latest news

    Tashkent International Investment Forum 2025 secures $30.5bn in deals, nearly tripling 2023 figures

    Uzbekistan | 13 June, 14:01

    Rosatom to build two large and small nuclear reactors in Uzbekistan

    Uzbekistan | 13 June, 11:31

    Uzbek Embassy in Israel urges citizens to take shelter as tensions escalate amid Israeli strikes on Iran

    Uzbekistan | 13 June, 10:12

    TIIF 2025 wraps up with over 20 promising deals across sectors

    Uzbekistan | 13 June, 09:00

    EBRD commits $250mn to modernize Uzbekistan’s irrigation system and boost energy efficiency

    Uzbekistan | 12 June, 17:15

    Uzbekistan signs investment agreements with Afghanistan, Japan, and global partners at TIIF 2025

    Uzbekistan | 12 June, 14:32

    Uzbekistan holds policy rate at 14% to curb inflation

    Uzbekistan | 12 June, 13:07

    “Monopoly is not an option”: BYD official on Uzbekistan’s competitive car market

    Uzbekistan | 12 June, 11:51
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.