Press Release
As part of the implementation of Decree No. PF-29 of the President of the Republic of Uzbekistan "On measures to accelerate the provision of housing to the population and the effective organization of construction of apartment buildings," the State Mortgage Lending Program has been approved for 2026.
According to the program's parameters, participating commercial banks will issue mortgage loans to 40,121 individuals for a total of 12,250.2 billion UZS. These loans are subject to refinancing from the state budget. In addition, the total amount of subsidies from the state budget for mortgage loans will amount to 2,701.5 billion UZS. Of this, 900.0 billion UZS are planned to support 30,000 citizens by partially covering their down payments for home purchases.
To effectively implement this program, a Memorandum of Cooperation was signed between the Ministry of Economy and Finance and JSC InFinBank on April 9 of this year, which includes:
- attracting financial resources to the mortgage market from the state budget through annual state programs;
- clearly defining the rights and responsibilities of participants;
- creating a sustainable institutional framework for mutually beneficial and effective cooperation.
Currently, there are 15 commercial banks participating in the mortgage program. With the addition of Infinbank, this number has increased to 16.
Infinbank JSC confirms its commitment to actively participating in government initiatives aimed at increasing housing affordability and improving the well-being of the population.