Industry Insights

Representative Office of the National Bank of Uzbekistan in Dubai

By combining innovative solutions with years of expertise, we foster sustainable growth and successful international partnerships

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About us
Excellence

The National bank of Uzbekistan: a leader in the country's banking industry

For 35 years, the National Bank of Uzbekistan (NBU) has been a key force in transforming the national economy and fostering a favorable business and investment climate.

As the largest investment bank in the country, NBU actively supports state and regional programs across major industries, including energy, textiles, transportation, mining, and agriculture.

Key business directions:

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Corporate business

Driving economic transformation

Small and Medium business

Energy, Textiles, Transport & More

Retail business

Energy, Textiles, Transport & More

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FINANCIAL STABILITY
Leading

NBU financial strengths in numbers

Out of: 35 certified banks of Uzbekistan.

Assets

NBU holds 15,0% of the country's banking sector assets, highlighting its leading role in the financial system.

Capital

NBU ranks first in the country by capital size, commanding a market share of 14,7%.

Net Profit

The bank is the market leader in net profit, accounting for 10,6% of the total.

Loan Portfolio

NBU maintains its leading position in lending, with a market share of 17,4%.

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partners
Leading

Collaboration with international partners

NBU works closely with global companies such as McKinsey & Co, SMP, and others to achieve the best results in implementing its strategic goals.

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KEY PROJECTS
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international rankings

S&P Global Ratings BB/B Stable

S&P Global Ratings BB/B Stable

NBU has received a credit rating of "BB/B" with a “Stable” outlook, reflecting the bank's long-term stability and resilience.

Fitch Ratings BB Stable

Fitch Ratings BB Stable

Nbu’s long-term issuer default rating in both foreign and local currencies has been affirmed “BB” with a “Stable” outlook, highlighting its consistent performance and creditworthiness. 

Moody’s Ratings Ba3 Positive

Moody’s Ratings Ba3 Positive

NBU has been assigned a credit rating of “Ba3” with a “Positive” outlook, emphasizing the bank’s reliability and soundness in financial operations.

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SOCIAL RESPONSIBILITY
Leading

Strategic development and transformation:

As of July 1, 2024, NBU’s capital adequacy ratios exceed Central Bank requirements, supporting the bank's "Development and Transformation Strategy," a five-year plan now underway in collaboration with international consultants like McKinsey & Co.

Heading

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ESG agenda

A commitment to sustainable development goals, integrating environmental, social, and governance principles into the bank's activities.

Social programs of the bank

Initiatives focused on improving community well-being through education, healthcare, and support for vulnerable groups.

NBU art gallery

The NBU supports the preservation of Uzbekistan's cultural heritage, founding the Gallery of Fine Arts, which houses over 2,000 artworks, and a numismatic collection of 2,500 unique coins showcasing the nation's rich history.

Green energy

The NBU promotes green energy by providing preferential loans for solar panels and water heaters to individuals and businesses. So far, 4,006 projects have been financed, totaling 447.1 billion UZS.

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CONTACTS
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