Tagged: tbc bank

TBC Bank Group Acquires Majority Stake in BILLZ to Expand SME Reach in Uzbekistan

London-listed TBC Bank Group PLC has entered into a definitive agreement to acquire a majority stake in BILLZ, a retail management software-as-a-service (SaaS) platform in Uzbekistan, according to an announcement. The acquisition is a landmark transaction that strengthens its position in Central Asia’s digital financial… Read More

TBC Bank Taps Market With $200M Bond to Fuel Uzbek Digital Banking Growth

TBC Bank Group PLC has issued a $200 million bond to accelerate the growth of TBC Uzbekistan, its rapidly expanding digital banking arm, as the group deepens its footprint in Central Asia’s largest economy. The synthetic three-year bond, denominated in Uzbek sum and settled in… Read More

TBC Bank, Uzbekistan’s Largest Digital Bank, Secures $37m Investment

TBC Bank Uzbekistan (TBC UZ), the country’s largest digital bank, announced a $37 million equity investment from its majority shareholder, London-listed TBC Bank Group PLC (TBC Group). This capital injection brings TBC UZ’s total equity funding for 2024 to $75 million, establishing a new annual… Read More

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