On March 5, 2024, the CEO of the Republican Stock Exchange “Toshkent” (RSE) George Paresishvili met with representatives of FitchRatings (Fitch). The Fitch visit is a sign of a growing interest in the local capital market and of willingness to obtain a detailed information about Uzbek corporate bonds market.

FitchRatings representatives expressed interest in engaging with local corporates for doing their assessment and assigning credit ratings.

George Paresishvili provided FitchRatings representatives with a detailed overview of the current state of the capital market and corporate sector in particular. He touched base on tax advantages provided by Individual Investment Accounts and possible impact they may have on the development of local corporate bonds market.  Both parties expressed readiness to continue their cooperation on topics of mutual interest.