Press room

Tashkent, November 15, 2025 – Tenge Bank has officially opened its new headquarters in the innovative Nest One business cluster in Tashkent City. The project, valued at USD 35 million, marks a key milestone in the bank’s strategy focused on technological transformation, infrastructure development, and strengthening its position in the Uzbek market.

The opening ceremony of the new building was held with the online presence of the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, and the President of the Republic of Kazakhstan, Kassym-Jomart Tokayev, underscoring the strategic importance of the project for bilateral relations.

Modern Infrastructure and Enhanced Operational Efficiency

The new office brings together the bank’s key management and operational units and is designed to provide a high-tech working environment.

The investments included the purchase of the building, the design and implementation of engineering systems, the enhancement of IT infrastructure resilience, and the optimization of internal processes.

Its location in Nest One strengthens managerial synergy, accelerates decision-making, and creates a foundation for the further scaling of Tenge Bank’s operations in Uzbekistan.

Strategic Support from Halyk Group and the Importance of the Uzbek Market

Tenge Bank is a subsidiary of Halyk Bank JSC, the largest financial institution in Central Asia, with assets exceeding USD 37 billion.

Halyk Group holds leading positions in the markets of Kazakhstan, Uzbekistan, and Georgia, offering a full range of financial services, including corporate and retail banking, SME services, insurance, leasing, brokerage operations, asset management, and more.

• Halyk Group’s investments in the Uzbek economy have exceeded USD 1.5 billion.
• Financial funding in Tenge Bank since its founding in 2019 have reached USD 350 million.
• Halyk Bank’s loan portfolio in the Uzbek economy has exceeded USD 1.2 billion.

The opening of the new headquarters underscores Halyk Group’s long-term commitment to the development of Uzbekistan and the creation of an integrated regional financial ecosystem.

Network Expansion, Team, and Corporate Culture

Today, Tenge Bank operates 16 branches in the country’s largest regions.

The team comprises over 800 employees, for whom the bank provides modern, comfortable, and technologically advanced working conditions—an important factor in enhancing efficiency and fostering an innovative approach.

SME Support and Digital Transformation

Tenge Bank consistently develops support for small and medium-sized enterprises (SMEs), which account for over 65% of its loan portfolio. SMEs are a key driver of economic growth, employment, and innovation, and the bank considers the development of this segment one of its priorities.

Flagship Digital Products:

• Tenge Business - For Entrepreneurs and SMEs;
• Tenge24 - For Individuals, under the motto “All Services in One Window”.

Through these platforms, clients can manage their finances, apply for loans, and conduct transactions with a single click – anytime and from anywhere in the country.

Bank’s Digital Innovations:

• The first online account opening for SMEs in Uzbekistan (2024);
• Implementation of fully digital unsecured lending for individual entrepreneurs;
• Launch of instant transfers between Halyk cards and cards of other banks in Uzbekistan.

These solutions represent an important step in supporting government initiatives for the development of the digital economy.

Contribution to Regional Development and Leadership Perspective

The opening of the new office symbolizes Halyk Group’s confidence in Uzbekistan’s potential and Tenge Bank’s commitment to continuing the strengthening of the country’s financial infrastructure.

“The opening of the new headquarters is more than just an expansion of infrastructure. It is a confirmation of our long-term vision: to build a modern financial ecosystem in Uzbekistan, where technology, convenience, and customer trust are at the center of every service,” said Beybit Khamitovich Faleev, Chairman of the Management Board of Tenge Bank JSC.

“We continue to invest in the Uzbek market because we see immense potential for growth, innovation, and entrepreneurship. Our new office is a space where the solutions of the future are created,” he emphasized.

Tenge Bank reaffirms its commitment to expanding business support, accelerating the implementation of digital solutions, and strengthening the country’s financial ecosystem.

Tenge Bank – Creating the Future of Finance Today.