TBC Bank Uzbekistan has received a significant equity investment of $38.2 million from several international financial institutions. This investment, led by the International Finance Corporation (IFC), aims to bolster TBC Bank's growth and enhance financial inclusion in Uzbekistan.
The funds will be used to expand the bank's digital banking services, improve its technology infrastructure, and extend its reach to underserved populations, thereby contributing to the overall development of the financial sector in Uzbekistan.
