TAYANCH has transformed from a microfinance organization into a bank: the institution is expanding its digital and financial services
It is reported that in its activities, the organization will focus on resolving daily financial needs in one place, using remote banking services, and simplifying customer interaction processes. Its mobile application offers features for money transfers, account opening, using an e-wallet, and making payments.
TAYANCH has transformed from a microfinance organization into a bank: the institution is expanding digital and financial services
It is reported that in its activities, the organization will focus on resolving daily financial needs in one place, using remote banking services, and simplifying customer interaction processes. Its mobile application offers capabilities for money transfers, account opening, using an electronic wallet, and making payments.
The history of TAYANCH MICROFINANCE BANK began in 2022 with the establishment of the TAYYAB FINANCE microfinance organization. The company subsequently underwent a transformation process and received license No. 96 of the Central Bank of the Republic of Uzbekistan on November 6, 2025. Thus, the experience accumulated in the microfinance sector was integrated with the banking infrastructure.
"This change is not limited only to a change of name or legal status. The transition from a microfinance organization to a bank format creates an opportunity to expand the scope of services, establish new mechanisms for working with clients, and develop digital products. TAYANCH presents itself precisely as a model of financial services that is close to the customer, simple, and modern,"
said Zohid Alimov, Chairman of the Board of JSC "TAYANCH MICROFINANCE BANK".
According to the official, the name of the bank itself reflects its positioning: TAYANCH (Support) is built on the idea of being a supportive tool in a person's financial plans and daily needs. This approach implies not limiting banking services to just loans or accounts.
"An important aspect for the customer is that the service is understandable, adapted to daily needs, and how much time it takes to use it. For this reason, TAYANCH places a special emphasis on digital services in its development strategy,"
says Shohruh Yusufzoda, Deputy Chairman of the Board of the bank.