Tashkent, Uzbekistan (UzDaily.com) -- Another commercial bank, Poytakht Bank, has started its activities in Uzbekistan.

The bank’s activities are focused on issuing loans for building and buying houses in the capital.

The bank is fully founded by the Tashkent city administration. It is planned to introduce innovative methods of customer service. Even without coming to the bank, you can open an account, as well as use remote banking operations.

Especially for the comfort of citizens, ATMs located here work 24 hours a day. The new bank will provide leasing and lending services to companies that are engaged in the design of infrastructure facilities, as well as the repair and construction of high-rise buildings.

The Board of the Central Bank of the Republic of Uzbekistan on 29 December 2018 decided to issue a license for the right to conduct banking operations to the Poytakht Bank (Tashkent).

According to the regulator, the authorized capital of the bank is 100 billion soums and is formed at the expense of the Tashkent city administration.