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SUBC · 2026Saudi · UzbekBusiness Council
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UzbekistanPrivatisationOpen for interest

Privatisation — Aloqabank (49% stake)

Strategic investor sought for a 49% stake in Aloqabank, the digital-leading Uzbek commercial bank.

Ticket

$380M–$450M

Region

Tashkent

Sector

Financial services

Project sponsor

State Assets Management Agency

Investment opportunity

Strategic investor sought for a 49% stake in Aloqabank, the digital-leading Uzbek commercial bank.

  • Top-tier bank with leading mobile platform
  • EBRD-supported transformation
  • Clean balance sheet

Incentives

  • Right of first refusal on future tranches
  • Board representation
  • Tax stabilisation

Legal & regulatory

Banking Law; Central Bank pre-approval; English law for SPA.

Land & infrastructure

Branch network nationwide; HQ in Tashkent.

Documents

  • Teaser
    0.5 MB
  • Audited financials 2024
    5.1 MB