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Finance 29/07/2024 The Prestigious “Euromoney” magazine awards Uzpromstroybank with multiple accolades
The Prestigious “Euromoney” magazine awards Uzpromstroybank with multiple accolades

Tashkent, Uzbekistan (UzDaily.com) – On 18 July, the awards ceremony for the international “Euromoney” magazine’s “Banking and Financial Sector – 2024” took place in London.

During the event, Uzpromstroybank was recognized and awarded in three categories: Best Bank in Uzbekistan, Best Bank in Environmental, Social, and Corporate Governance (ESG), and Best Corporate Bank in Uzbekistan.

As noted by “Euromoney” analysts, following the transformation of Uzpromstroybank, the bank’s performance indicators have multiplied over the past five years. According to the bank’s new business model, special emphasis is placed on developing the small-medium and retail business segments, creating new products, developing the "Joyda" marketplace, and digitizing all bank processes.

For corporate clients, the bank has implemented a new mechanism aimed at expanding the range of services. A separate structural unit has been organized, each corporate client is served by a personal manager, and a constant direct connection with clients is established.

At the ceremony, it was emphasized that the bank consistently follows the policy of implementing and adhering to ESG principles, expanding the financing of ESG projects, and increasing its contribution to ensuring social, environmental, and corporate stability in the country. It is noteworthy that the bank’s "green" loan portfolio has reached $580 million, growing by 79 percent in 2023. Last year, JSCB "Uzpromstroybank" also made the first-ever issuance of "green" eurobonds in Uzbekistan.

It is important to highlight that "Euromoney" is one of the leading global publications specializing in banking, finance, and investments.

The authoritative magazine is renowned for its evaluations and ratings, which reflect the significance and influence of companies in these sectors. Its proprietary assessment system allows for clear and objective evaluations of various aspects of the operations of leading global financial institutions and companies.

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