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Click, Halyk Bank partner in Uzbekistan’s largest private sector deal worth $237mn

As part of a $237mn landmark deal, Halyk Bank will acquire a 49% stake in Click for $176.4mn, while Click’s shareholders will purchase a 49% stake in Tenge Bank for $60.76mn—establishing a strategic partnership that maintains legal independence while accelerating digital innovation and expanding financial services across Uzbekistan.

23 July 13:37

Kazakhstan’s Halyk Bank acquires 49% stake in Click and sells its share in Tenge Bank to Uzbek fintech company

Kazakhstan’s largest bank Halyk Bank reached an agreement with Click, Uzbekistan’s fintech company, on a mutual share swap: 49% of Click will go to the Kazakh side, while 49% of Tenge Bank (Halyk Bank subsidiary) will be transferred to the Uzbek side. The deals are valued at $237 million.

23 July 09:48

Halyk Bank and Click Sign Strategic Partnership Agreement

JSC Halyk Bank of Kazakhstan has signed a strategic agreement with the shareholders of Uzbekistan’s payment company Click to acquire a 49% stake in the company. Simultaneously, Click’s shareholders will acquire a 49% stake in Halyk’s subsidiary in Uzbekistan — Tenge Bank.

23 July 08:09

Other News

"Those who organized and allowed the beer festival must be held accountable," says Uzbekistan’s MP Alisher Kadyrov

Uzbek MP Alisher Kadyrov has called for accountability over a recent beer festival in Tashkent, citing violations of the law on advertising, which prohibits the promotion of alcoholic beverages and sponsorship of events using their name, logo, or image.

23 July 18:04

Abubakir Shukurullaev Secures Victory for Uzbekistan U-17 Team Against CSKA

The Uzbekistan U-17 national football team played a friendly match against their peers from Moscow’s CSKA at the Oktyabr Stadium in the Russian capital.

23 July 17:28

Uzbekistan’s Accounts Chamber Shifts to Strategic Auditing and AI-Based Budget Oversight

On 23 July, President Shavkat Mirziyoyev was presented with an update on the activities of the Accounts Chamber and the measures being taken to improve the system for implementing government decisions.

23 July 17:12

Namangan region to develop riverside tourism hubs with eco zones and water park.

Tourist infrastructure will be developed along the riversides in Namangan region, with a major project planned near the Naryn River. A 20-hectare riverside area in Uychi district will be transformed into a tourist promenade featuring residential buildings, restaurants, and a water park. Additionally, eco-tourism zones will be established along the Syr Darya River in three other districts..

23 July 16:57

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