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Uzbek Industrial and Construction Bank wins Three Prestigious Euromoney Awards

On 16 July 2026, at the “Euromoney Awards for Excellence 2026” ceremony held in London, SQB was named the winner in three prestigious categories among banks in Uzbekistan: “Best Bank in Uzbekistan”, “Best Bank for Corporates in Uzbekistan”, and “Best ESG Bank in Uzbekistan”.

These awards represent international recognition of SQB’s sustainable financial growth, strong performance in corporate banking, active presence in the international capital markets, and successful integration of ESG principles into the Bank's business operations.

As of the end of 2025, the Bank’s total assets exceeded UZS 97.2 trillion, while total equity reached UZS 10.2 trillion. The loan portfolio amounted to UZS 71 trillion, and customer deposits totaled UZS 32.1 trillion. Net profit reached UZS 1.5 trillion, representing a 38% increase year-on-year.

Corporate banking remains one of SQB’s key strategic priorities. During the reporting period, the Bank attracted new corporate clients through its Corporate Banking Center, offering tailored and comprehensive financial solutions based on an individual approach. This contributed to the expansion of the corporate client base, further diversification of the loan portfolio, and the continued enhancement of banking services for businesses.

Sustainable development is one of the key pillars of the Bank’s strategy. Within the reporting period, SQB’s green loan portfolio reached USD 654.3 million. The Bank’s branches obtained the internationally recognized EDGE certification, while its Environmental Management System was certified as compliant with the requirements of the ISO 14001 international standard. In addition, SQB became one of the banks in Uzbekistan to receive an ESG Rating from the international rating agency Sustainable Fitch.

SQB also continues to strengthen its position in the international capital markets. In October 2025, the Bank successfully issued Additional Tier 1 (AT1) capital bonds on the London Stock Exchange. The transaction marked another important milestone in strengthening international investor confidence in Uzbekistan's economy and banking sector.

Furthermore, SQB is advancing its large-scale transformation as the only bank included in the National Investment Fund of Uzbekistan (UzNIF), which is managed by the global investment company “Franklin Templeton”. In May 2026, UzNIF successfully completed Uzbekistan’s first-ever international Initial Public Offering (IPO) by listing its Global Depositary Receipts on the Main Market of the London Stock Exchange, marking a significant milestone in the development of the country’s capital markets.

The ongoing transformation continues to enhance the Bank’s corporate governance framework, improve operational efficiency, and strengthen compliance with international best practices. These efforts are creating a solid foundation for further increasing SQB’s investment attractiveness, competitiveness, and standing in the international financial markets.

The Bank’s success at the “Euromoney Awards for Excellence 2026” once again confirms SQB’s position as one of Uzbekistan’s leading financial institutions. It also reflects international recognition of the Bank’s continuous improvements in corporate governance, commitment to sustainable development, and successful integration into the global financial system.

About Euromoney Awards for Excellence: “Euromoney Awards for Excellence” is among the world’s most prestigious awards in the banking and financial services industry. Winners are selected through a comprehensive assessment of financial performance, business model effectiveness, corporate governance standards, innovation, customer service excellence, and overall contribution to the development of the financial sector.

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