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TBC Uzbekistan Establishes Strategic Partnership with Mastercard

Oct 30, 2024•over 1 year ago

Contract Type

partnership

TashkentFinancial ServicesFinanceFintechLendingBanking

Description

TBC Bank Uzbekistan, the largest mobile-only bank in Uzbekistan, has forged a long-term strategic partnership with Mastercard to enhance its global payments and money transfer infrastructure. The partnership will enable TBC Bank Uzbekistan to introduce Mastercard cards and additional payment solutions, broadening the payment options available to its customers and improving their online shopping, international purchases, and money transfer capabilities.

Company Information

Company

TBC Bank Uzbekistan

Location

Tashkent, Tashkent, Uzbekistan

About

TBC Bank Uzbekistan (TBC UZ) is the largest mobile-only bank in Uzbekistan, dedicated to expanding its digital banking ecosystem. It is part of TBC Uzbekistan, which also includes a digital payments app and an instalment credit business. The bank seeks to promote financial inclusion and enhance convenience for its users through innovative financial solutions. TBC UZ is part of the London-listed TBC Bank Group PLC.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months