New plans to clean up Soviet-style banking sector will see underperforming legacy loans transferred to state fund.

Lifting restrictions on foreign investors and encouraging local corporate bond issuance top list of priorities for head of new capital markets agency.

The opening up of central Asia’s largest market after a decade of isolation has sparked intense interest in its underdeveloped banking sector among fund managers and regional groups alike.

Veteran investor launches financial services firm to capitalize on reforms in Uzbekistan, while HSBC banker tapped to drive sovereign Eurobond debut.