TBC Uzbekistan, Central Asia’s leading digital banking ecosystem, has launched TBC Business, the first fully digital banking service for small and medium-sized enterprises (SMEs) and individual entrepreneurs in Uzbekistan. This groundbreaking initiative offers SMEs a streamlined, paperless banking experience, marking a major step in the country’s financial evolution. Entrepreneurs can now open accounts in under three minutes, with no paperwork required, thanks to TBC’s integration with Uzbekistan’s data-rich government services.
From insights to impact: The future of distribution channels in SME banking
Simplifying banking for growth and innovation
Building on its success as Uzbekistan’s largest fully digital retail bank, TBC Business provides an intuitive suite of tools designed to eliminate administrative burdens for businesses. The platform offers 24/7 payment services, instant utility payments, automated transaction templates, and team account management, empowering SMEs to focus on development and innovation. Nika Kurdiani, CEO of TBC Group operations in Uzbekistan, emphasized TBC’s mission to transform financial services: “By offering the first fully digital business banking service, we aim to empower businesses with seamless tools to enhance growth and efficiency.”
Driving economic growth in a digital-first nation
Uzbekistan, with its growing population of 37 million—59% of whom are under 30—represents a dynamic and rapidly digitalizing market. TBC Uzbekistan is uniquely positioned to lead this transformation, leveraging its ecosystem of innovative services, including mobile-only banking through TBC UZ and the Payme digital payments app. As part of the London-listed TBC Bank Group, TBC Business sets a new standard for SME banking in Uzbekistan, fostering innovation and supporting the nation’s economic growth.
This launch not only strengthens TBC’s leadership in digital banking but also lays the foundation for a brighter, more efficient future for SMEs across the country.
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