BAKU, Azerbaijan, October 8. TBC Uzbekistan has
launched its first secured lending product for small and
medium-sized enterprises (SMEs), offering loans of up to 12 billion
Uzbek soums (about $1 million).


This was reflected in the statement by TBC.


The product is part of TBC Business, the bank’s digital business
banking platform. More than 30,000 SMEs have registered on the
platform since its launch, according to the company.


The new loans are available with flexible collateral
requirements and a grace period of up to 12 months. Working capital
loans can be issued for up to 36 months, while loans for investment
purposes are available for up to 120 months.


"As businesses grow, entrepreneurs need access to larger loans
to help them scale their business and fund longer-term projects,
such as expanding production or purchasing equipment and commercial
real estate," TBC Uzbekistan CEO Nika Kurdiani said.


"This new product was built to meet exactly that demand, giving
businesses access to the financing needed to reach these
larger-scale goals, all while keeping the same simple, fully
digital customer journey that defines our products," Kurdiani
added.







TBC Business was launched as a web-based service in December
2024 and later expanded to include a mobile application. The
company has also increased its maximum unsecured loan amount from
300 million soums (about $25,000) to 600 million soums (about
$50,000).


Earlier this year, TBC Uzbekistan introduced a digital payroll
service that allows companies to make employee payments at any
time, including weekends and holidays. The company also introduced
QR-code payment functionality.


In June 2025, TBC Uzbekistan acquired a majority stake in BILLZ,
a retail management software platform, adding retail management
services to its business offering.


TBC Uzbekistan also runs initiatives supporting entrepreneurs,
including an educational program developed in partnership with the
European Bank for Reconstruction and Development that provides free
practical training in business and management.