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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

Click and Halyk Bank announce historic $237 million partnership to transform Uzbekistan’s financial services.

Click, Uzbekistan’s leading payment services provider, and Halyk Bank, the largest financial group in Central Asia, have announced a strategic partnership that marks the largest-ever private sector transaction in Uzbekistan’s history..

23 July 12:41

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

Criminal case launched over sale of banned slimming supplements in Uzbekistan.

Sales of several types of imported slimming coffee have been blocked in Uzbekistan after authorities discovered they contained sibutramine – a powerful substance regulated under national law..

24 July 16:51

Russian company Tatlift to launch elevator production in Uzbekistan.

Tatlift, a Russian elevator manufacturing company, is planning to launch a production facility in Uzbekistan’s Bukhara region, according to the regional administration..

24 July 16:50

Uzbekistan and Kazakhstan to sign memorandum on saiga antelope conservation.

Uzbekistan plans to restore its saiga population in cooperation with Kazakhstan, where the growing number of these antelopes has recently raised concerns over crop damage, prompting population control measures..

24 July 16:35

Russia may reintroduce pre-entry health checks and vaccinations for incoming migrants.

Russia’s former chief sanitary doctor Gennady Onishchenko has called for foreign migrants to undergo medical screening and vaccination before entering the country..

24 July 16:31

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