In Samarkand, within the framework of the annual meeting of the Asian Development Bank, representatives of the Central Bank of Uzbekistan held negotiations with Standard Chartered, discussing key areas of FinTech development and international reserve management. Special attention was paid to digital banking, digital assets, and cross-border payment infrastructure.
A separate block was dedicated to the topic of central bank digital currency. The Uzbek side reported that it is studying international experience in implementing CBDC and considering various scenarios with the participation of relevant agencies. Issues of custodial storage and the integration of modern technologies into traditional financial services were also discussed.
In addition, the parties touched upon the reserve management strategy: Uzbekistan adheres to a conservative approach with an emphasis on security, liquidity, and profitability, while diversifying assets and implementing automation. Following the meeting, an agreement was reached on further cooperation, including technical support and the development of financial infrastructure.