TBC Uzbekistan introduces country’s first fully digital SME banking solution
TBC Uzbekistan, the Central Asian digital banking subsidiary of London-listed TBC Bank Group, has launched the country’s first fully digital banking service tailored for small and medium-sized enterprises (SMEs) and individual entrepreneurs, branded as TBC Business.
TBC Uzbekistan has recently launched a range of new products
The company says the move is “part of a wider strategy to expand TBC’s product offering, tap into new customer segments and add new revenue streams”.
TBC Business offers an array of financial services for SMEs, including team account management, 24/7 payment options, one-click utility and government payments, instant transactions with pre-configured templates, and more.
According to Nika Kurdiani, CEO of TBC Group operations in Uzbekistan, the new “efficient tools” provided by TBC Business are aimed at enabling SMEs to “focus on business development and growth rather than administration”.
In addition, the company says the new offering leverages both TBC Uzbekistan’s “existing technological infrastructure and the country’s data-rich government services” to deliver a fully paperless onboarding process.
TBC Uzbekistan, which recently secured a $38.2 million equity investment, has also introduced its first credit card, the Osmon Card, to complement the recent launch of its debit card offering, the Salom Card.
