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TBC Bank Uzbekistan attracted $10 million from responsAbility Investments AG

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Swiss company responsAbility Investments AG has provided TBC Bank Uzbekistan with an additional credit line of $10 million. The total amount of funds raised has reached $35 million. These funds will help the bank diversify its funding sources and expand access to financial services in Uzbekistan through digital solutions.

Swiss company responsAbility Investments AG has provided an additional $10 million credit line to TBC Bank Uzbekistan.

The funds will enable the bank to increase the diversification of its funding sources, as well as continue expanding its loan portfolio and enhancing the accessibility of financial services. The volume of funds attracted by the neobank from the investment fund has reached $35 million.

Cooperation with responsAbility confirms both the resilience of TBC UZ's business model and the growing confidence of investors in the prospects of digital banking in Uzbekistan. By expanding its loan portfolio and product line, the bank aims to increase the availability of financial services for individuals and businesses in the country through world-class digital solutions.

Source: spot.uz

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TBC Bank Uzbekistan attracted $10 million from responsAbility Investments AG

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