Waiting list opens for TBC’s new business product image credit shutterstock

TBC is expanding into the sector of SMEs and individual entrepreneurs as part of a strategy to diversify its product offering and revenue streams.

TBC Uzbekistan’s Business Banking product suite is being developed with a goal of making banking and related financial transactions simple, user-friendly and enjoyable for small and medium-sized businesses. The overall aim is to enable them to take care of all of their banking needs without having to visit physical branches.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

With fast, paperless account opening in three minutes, 24/7 payment services, and team management features, the platform will offer a seamless and efficient solution for SMEs. The early adopters who join the waiting list will benefit from six months of free banking services and other exclusive offers.

This move into the SME and individual entrepreneurs sector is part of TBC Uzbekistan’s ongoing drive to foster economic growth through innovation and the development of modern, customer-centric banking services in the country.

Nika Kurdiani, CEO of TBC Group operations in Uzbekistan, said: “The launch of a waiting list for our TBC Business product reflects our commitment to providing modern and accessible digital banking solutions for customers in Uzbekistan. We are excited to be working on a new offering for business customers with a focus on smaller businesses, which are too often overlooked and underserved. We are working hard to make sure that the upcoming TBC Business services will meet the evolving needs of SMEs in Uzbekistan as they navigate this dynamic and rapidly growing economy.”

TBC Uzbekistan: 16 million registered users

The upcoming Business Banking offering will leverage TBC Uzbekistan’s existing technological infrastructure and expertise, which has enabled the company to become a top digital banking ecosystem in the region with 16 million unique registered users. TBC Uzbekistan includes TBC Bank Uzbekistan (TBC UZ), a mobile-only bank; Payme, a digital payments app for individuals and small businesses; and Payme nasiya (Payme instalments), a fast-growing instalment credit business.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Uzbekistan is a rapidly growing market, with a population of 37 million, of which 59% are under 30, driving significant demand for digital financial services. As the first and largest digital banking player in the country, TBC Uzbekistan is well-positioned to capitalise on Uzbekistan’s growing and digitally savvy market.