JSCB “Uzpromstroybank” is one of the oldest financial institutions in the Republic of Uzbekistan. Its history dates back to opening of Middle Asian Bureau of Industrial Bank in Tashkent in 1922.
Main largest shareholders of the Bank: Fund for Reconstruction and Development of the Republic of Uzbekistan, Agency of State Assets Management of the Republic of Uzbekistan, as well as enterprises of key branches of economy.
International reputable rating agency “Standard & Poor’s” upgraded the long-term credit rating of JSCB “Uzpromstroybank” from "B+" to "BB-" with “Stable” outlook and “Fitch Ratings” upgraded JSCB “Uzpromstroybank” credit rating from B + to BB- level with a “Stable” outlook. Also, local rating agency “Ahbor-Reyting” had affirmed JSCB “Uzpromstroybank” rating according to “uzA +” national scale with “Stable” outlook. This improved level reflects the stability of the bank's key performance indicators, in particular, high credit capacity. Also it demonstrates trust from its customers, partners and investors.
Nowadays, JSCB “Uzpromstroybank” takes 1st place in service of enterprises in key industrial sectors of the country, 2nd place in terms of assets, capital and credits and 3rd place in terms of deposits.
JSCB "Uzpromstroybank" is The Best Leading Partner of the Asian Development Bank in Uzbekistan in 2018 and 2019 (ADB Leading Partner Bank Award), The Best Leading Partner of ICD in Uzbekistan in 2018 and Commerzbank’s Trade Award (Excellent Partnership Of The Year, 2013).
Today, being one of the largest banks in the country, Uzpromstroybank has a wide branch network throughout the republic - 45 Branches, 42 minibanks and 200 service points.
The total number of Uzpromstroybank customers totals about 1 million and 35 000 total shareholders. Their dividends for 2018 - 3.3% on ordinary shares, 23% on preferred shares.
Banks strategy and market positioning are to become the trusted and best business partner for our customers, become a customer centric organization with transparency and high level of corporate and social responsibility, digitize and reengineer processes to make borrowing convenient and fast for our existing and potential customers and upgrade risk and corporate governance.
First of all the development strategy includes Bank’s transformation in cooperation with IFC, introducing innovative IT solutions to our back and front office processes, opportunity to be come first Green bank in the country, providing customers convenience with advanced and modern technology. Bank’s mobile app is already one of the most popular mobile-banking apps in the country, information Database Modernization and introduction of international payment systems - Mastercard and JSM into the bank.
Why Uzpromstroybank can be in your investment portfolio? Because bank stock is one of the most liquid shares in the Tashkent Stock Exchange, listed as Class A, 23% of dividend on nominal price of our Preferred Stock, we are open to explore potential IPO and other type of equity funding and we are also exploring fixed income funding options – Local currency denominated and Eurobonds issuance in a foreign SE.