TASHKENT, Uzbekistan, February 13. TBC Bank Uzbekistan’s loan portfolio saw an increase of 112 percent in 2024, reaching 8.07 trillion soms ($621.2 million).
The data obtained by Trend from TBC Uzbekistan indicates that the bank continues to expand its market share in the Uzbek loan market, with its share of unsecured consumer loans rising to 16.4 percent, up from 13.9 percent in 2023.
The bank now accounts for 50 percent of TBC Group’s total unsecured consumer loans, further strengthening its position as a key player in Uzbekistan’s financial sector.
TBC Bank Group PLC was established in 1992 and is headquartered in Tbilisi, Georgia. TBC Bank Group PLC reports possess a cumulative usefulness score of 4.8 derived from 83 evaluations. One of its arms, TBC Uzbekistan, is the leading digital banking ecosystem in Central Asia and part of the London-listed TBC Bank Group.
TBC Uzbekistan comprises three high-growth fintech businesses operating in Uzbekistan: TBC UZ, a mobile-only bank; Payme, a digital payments app for individuals and small businesses; and Payme Nasiya (Payme Instalments), a fast-growing installment credit business.
