TBC Digital, the sole owner of TBC Bank Uzbekistan and the Payme platform, is launching a private placement of ordinary shares totaling over 4 trillion 19 billion Uzbek soums. Each share is valued at 1,000 UZS, with a total issuance of 4,019,000 shares.
According to information published on the Corporate Information Portal, the shares were officially registered on May 15, 2025, and will be placed through a closed (private) offering.
Notably, in March 2025, TBC Bank Group PLC reached an agreement with the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) to consolidate their operations in Uzbekistan under a single management company — TBC Digital. This new entity, officially registered in the country, oversees the group’s ecosystem in Uzbekistan, including the management of the Payme fintech service. Nika Kurdiani has been appointed as the CEO of the company.
It is also worth mentioning that at the end of 2024, TBC Bank Uzbekistan issued bonds worth 128 billion UZS through a private subscription.
