The agreement for Halyk Bank to acquire a 49% stake in Uzbekistan’s Click payment system has been canceled. According to materials prepared for the bank’s general meeting of shareholders, the deadline to finalize the transaction expired on December 31, 2025.
The original plan involved a mutual share exchange:
- Halyk Bank was to acquire a 49% stake in Click.
- Click, in turn, was to receive 49% of the shares in Tenge Bank (Halyk Bank’s subsidiary in Uzbekistan).
This deal was expected to strengthen Halyk Bank’s position in the Uzbek market by integrating its banking infrastructure with one of the country’s largest payment systems. Currently, both parties are reportedly continuing discussions regarding other potential forms of cooperation.
