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Today, a press conference was held at the National Press Center of Uzbekistan for media representatives and bloggers in honor of the 30th anniversary of the founding of the Joint-Stock Commercial Bank Hamkorbank with the participation of foreign capital. The event was attended by members of the Board of JSCB "Hamkorbank".

In August 2021, the 30th anniversary of the foundation of Hamkorbank Joint-Stock Commercial Bank with the participation of foreign capital will be celebrated. It was on the day of the proclamation of Independence of the Republic of Uzbekistan - August 31, 1991, in the city of Andijan, the Bank began its activities as a non-state commercial bank.

Today the bank has 46 branches in all regions of the Republic. In addition, in order to be even closer to its customers, more than 100 banking service offices operate in all remote areas and cities of the country. Inside offices and other crowded places, there are more than 130 self-service branches operating 24/7. On the eve of the 30th anniversary, in September, the opening of the 47th Mirabad branch is expected. During the press conference, Deputy Chairman of the Execution of Hamkorbank JSCB Khasanov Zhasurbek noted the importance of recognizing the bank in the international financial market: “In 2000, the bank was one of the first in the Republic to conduct an international audit. The main goal was to show the "openness" of the bank to the international financial community, to attract them to cooperation. As a result, in 2001 the International Finance Corporation (IFC) provided the bank with a credit line without a government guarantee. Funds from the line were used to develop the private sector and support small businesses. The exemplary partnership with IFC has further strengthened the confidence of many other financial institutions. As a result, during the same year, partnerships were established with the World Bank and the European Bank for Reconstruction and Development. Today, the bank has more than 20 partners from among international financial institutions and payment systems.”

Hamkorbank has stood out as a bank with foreign capital for many years. This process began in 2010 - the International Finance Corporation became a shareholder of the bank. In 2014, the Dutch Development Bank (FMO) became the second foreign shareholder of the bank, as a result of which the bank acquired the status of a bank with foreign capital. Since this year, Hamkorbank has established partnerships with international financial institutions such as the Asian Development Bank, the German Development Bank, the International Finance Corporation, which is part of the World Bank, and the Islamic Corporation for the Development of the Private Sector. Since 2018, the international investment company "ResponsAbility Investments" has become a shareholder of the Bank.

Hamkorbank has been able to strengthen its position in the banking sector through rapid growth in all key indicators for the last 30 years. Being a bank without the participation of the state share, according to all the main indicators, the bank is constantly included in the TOP-10 banks of the country. Over the past 5 years, the bank's assets increased 2.8 times, the volume of the loan portfolio 3.4 times, the volume of the deposit portfolio 1.4 times, and the bank's capital 3.8 times.

The Bank uses an individual approach for each client, operates under the slogan "Let’s grow together", and provides high-quality services on a mutually beneficial basis. Today, the bank's clients are more than 1.6 million individuals and about 40 thousand legal entities.

Over the 30 years of activity, Hamkorbank has not only expanded its branch network in the regions, but also expanded its team of employees. Started with 15 employees, today the bank has 3,350 employees throughout the Republic.

In recent years, a number of victories have also been achieved, including the bank received a number of recognitions as a leading bank. In particular:

·          In June 2018, for the first time in the history of Uzbekistan, Hamkorbank, together with the International Finance Corporation, placed Samarkand bonds on the London Stock Exchange in the amount equivalent to 10 million US dollars. The funds received from the sale of these bonds were used to develop lending to small and medium-sized businesses;

·          In the ranking of the financial services provision in 2020, compiled by the Center for Economic Research and Reform, Hamkorbank was awarded 1st place among the country's banks;

·          In the Year 2020 Best Brand award organized by the Antimonopoly Committee of the Republic of Uzbekistan and the National Marketing Center, Hamkorbank took first place among the banks of the Republic. It is noteworthy that the winner was chosen through online voting among consumers of banking services in Uzbekistan.

 

Deputy Chairman of the Managemente Khasanov Zh., dwelling on long-term plans, noted that Hamkorbank in the next 5 years will focus on the introduction of digital banking services, the development of retail banking services in the Republic, expanding the network of banking offices and optimizing the business process. As a result, the efficiency of operations will be increased, and the quality of customer service will be raised to a new high level.

The core mission of Hamkorbank is to maximize customer satisfaction by providing high-quality and technologically advanced banking products and services as a reliable partner.

Hamkorbank strives to be the best partner for customers, the best employer for employees and the best investment for its shareholders.






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