From 3 November at least 10% of a loan advert and at least 30% of the contract's first page must carry a warning
Central Bank Board Resolution No. 3948 took effect on 3 November 2026: loan advertising and the first page of a loan agreement must carry a mandatory warning. For a misleading loan product, the Central Bank may restrict or ban some of a bank's operations or the expansion of its infrastructure for up to 6 months.
Central Bank Board Resolution No. 3948 took effect on 3 November 2026. It introduced new requirements for banks' loan advertising and loan agreements, and set a new ground for sanctions over loan products that mislead consumers. The changes were made to Regulation No. 3030 on relations with consumers of banking services and to Regulation No. 3492 on the procedure for applying measures and sanctions to banks and other credit institutions.
Where does the warning go and how much space does it take?
| Where | Requirement |
|---|---|
| Print and electronic visual loan advertising | at least 10% of the advert's area |
| Audio and video advertising | at least 10% of the total duration |
| First page of the loan agreement | before the contract text begins, at least 30% of the main area of the first page |
In advertising, banks must warn customers that failing to meet loan obligations may lead to financial risks.
What must the warning say?
It must state that late loan repayment may lead to:
- growing debt;
- enforcement against property;
- the obligation to repay the debt being placed on the guarantor;
- funds in bank accounts being frozen;
- a temporary restriction on the right to travel abroad;
- a worse credit history.
What sanction applies to a misleading loan product?
If a loan product offered by a bank is found to mislead consumers, the Central Bank may decide to restrict or ban the bank from carrying out certain financial operations or expanding its infrastructure for up to 6 months. This procedure is set out in paragraph 33 of Regulation No. 3492; applying a restriction or ban depends on a separate decision of the Central Bank. No fixed monetary fine has been set for this new ground.
The full list of monetary fines for banks that violate customers' rights is in our separate news item: "fines under Regulation No. 3492".
Practical takeaway for borrowers
The tip below is compiled by the author. Do not skip the warning on the first page of the agreement: in a short list it shows what happens if the loan is not repaid. Before taking a loan, compare the monthly payment with your family budget.
Example (compiled by the author, hypothetical figures). Jasur earns 6 million soums a month and wants a loan with a monthly payment of 2.7 million soums. The payment takes 45% of his income. After reading the warning at the start of the agreement, he realized that even one missed month could increase the debt and lead to a claim on the guarantor, and he chose a smaller amount.
Official source
For information only; check the official text at the source.