Tbilisi (GBC) - Uzbek TBC Bank has registered an issue of additional ordinary shares worth 240 billion soums (≈$19.5 million).

The National Agency for Promising Projects (NAPP) officially registered the issue on February 9, 2026.

By the decision of the bank's shareholders on January 16, 2026 (quorum 100%), the new issue will be placed in the subsidiary TBC Digital, at a market nominal value of 1,000 soums per share.

Payment will be made in cash in the national currency.

The issue includes 240 million shares, which corresponds to a total issue amount of 240,000,000,000 soums.

For reference, TBC Digital manages the digital business of TBC Bank Group PLC in Uzbekistan, which includes TBC Uzbekistan, the leading digital bank in Uzbekistan, Payme, a popular digital payments application, BILLZ, TBC Insurance, TBC Nasiya - an installment business, and other fast-growing digital services.

At the current exchange rate of the Central Bank of Uzbekistan, $1 is equal to ≈ 12,287 UZS.

Last year, TBC Uzbekistan issued soum-denominated securities twice. In February last year, TBC issued securities in the amount of 128 billion soums, with a 2-year maturity and a 24% interest rate. At the end of December, it placed bonds worth 49.6 billion soums ($4.1 million).