Central Asia fintech news
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ABB pays $140 million for 51% of Davr Bank—up from $100 million cited in May
Asia Alliance Bank Registers Uzbekistan's First Foreign Currency Bond Issue
International Bank of Azerbaijan announces stake purchase in Uzbekistan's Davr Bank
Paynet enters the investment market: company buys stake in GoInvest broker
Fintech Association of Uzbekistan announces partnership with international organization
ITFC Allocates $75 Million to Ipak Yuli Bank for Islamic Financing of SMEs and Women's Entrepreneurship
TBC Bank Group acquires controlling stake in OLX Uzbekistan to integrate fintech services
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ITFC and Hamkorbank close Uzbekistan's largest Islamic trade finance deal
The international corporation and the Uzbek bank launched a $100 million trade finance project.
Uzbekistan and Kyrgyzstan Launch Cross-Exchange Cooperation: UzEx Integrates with EVDE
Uzbekistan’s UzEx exchange has partnered with Kyrgyzstan’s EVDE exchange to expand trading in the region..
Azerbaijan's ABB Discusses Acquisition of 51% Stake in Uzbekistan's Davr Bank at Regulator Level
The Central Bank of Uzbekistan has officially confirmed negotiations regarding the entry of Azerbaijani capital.
Fitch Upgrades Outlook for Microcreditbank Following Uzbekistan's Sovereign Rating
The international agency improved the outlook for seven state-owned banks in the country.
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Ipak Yuli Bank Increases Credit Line from Islamic Corporation ITFC to $75 Million
The Uzbek bank has expanded its partnership with the International Islamic Trade Finance Corporation. The funds will support export-import operations and domestic purchases for small businesses under the Murabaha standard.
Central Bank of Uzbekistan and Webster University sign memorandum of cooperation
The regulator plans to develop its scientific and analytical potential and implement solutions based on academic research in the financial sector.
UzNIF Lists on the London Stock Exchange: First International Listing of an Uzbekistan National Asset
The National Investment Fund placed global depositary receipts on the LSE, raising $692 million including the overallotment option.