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About us

JSC "KDB Bank Uzbekistan" is the largest international bank in Uzbekistan. The principal shareholder is the leading prime-rated bank – “KDB Bank”, Korea (The Korean Development Bank) with the share of 86.32% and the highest credit ratings from the leading international rating agencies (Standard and Poor’s - AA/ Moody's - Aa2/ Fitch - AA-).

Korea Development Bank was established in 1954 for the purpose of supplying and managing major industrial capital to help developing Korean manufacturing industries and the national economy.  As a leading bank wholly owned by the Government, KDB plays a pivotal role in promoting the growth of Korean financial service industry.

KDB enhances the spectrum of services in corporate and investment banking in order to provide the development of business and maintain balanced regional economic growth. KDB Network operates in 21 countries around the globe: 9 Branches, 5 Subsidiaries and 8 Representative Offices.

JSC "KDB Bank Uzbekistan" (hereafter “the Bank”) is a subsidiary of KDB operating in Uzbekistan offering banking services to clients. The major part of clients are constituted by foreign subsidiaries and joint venture companies operating in manufacturing, trading and servicing; diplomatic missions of foreign countries and representative offices of international companies.

 

Chronology

 

  • 1997 – Joint Uzbek-Korean Bank “UzDaewoo Bank” established as part of the international expansion of Daewoo Securities
  • 2006 – Renamed to “UzKDB Bank” Closed Joint-Stock Company subsequent to the acquisition of KDB Bank, Korea
  • 2010 – KDB decided to acquire the majority stake of RBS Group in “RBS NB Uzbekistan”
  • 2011 – “RBS NB Uzbekistan” became the second subsidiary of KDB Bank
  • 2013 – Two subsidiaries of KDB Group, “RBS NB Uzbekistan” and “UzKDB Bank”, merged into a new bank, “KDB Bank Uzbekistan” CJSC
  • 2014 - KDB Bank Uzbekistan was selected as a winner of “The most innovative bank” award among commercial banks of Uzbekistan
  • 2016 - JSC “KDB Bank Uzbekistan” became the winner in the nomination "The Best Bank to support foreign investors" in Uzbekistan
  • 2018 - JSC "KDB Bank Uzbekistan" received ISO Certificate of management system compliance with requirements of ISO 9001:2015 in the field of banking services based on results of independent audit conducted by the TÜV International Certification Center.

 

General Information

Full name:

Joint Stock Company «KDB Bank Uzbekistan»

Short name:

JSC «KDB Bank Uzbekistan»

Location:

3, Bukhoro street, Mirobod district, Tashkent, 100047, Uzbekistan ,

Branches:

Yunusabad Branch

Yakkasaray Branch

Shareholders:

Korea Development Bank (Seoul, Korea)  - 86.32%

National Bank of Uzbekistan - 10.31%

Turon Bank (Uzbekistan) - 3.37%

Year of establishment:

1997

International Rating Agency “Standard & Poor's”:

 

Long-Term Credit rating «B+»

Short-Term Credit rating «B»

Outlook «Stable»

Date: December, 2017

Local Rating Agency «Ahbor-Reyting»:

Credit rating «uzA+»

Outlook « Stable »

Date: June, 2017

License:

CBU License on execution on banking transactions #5 dd 21st of October, 2017.

E-mail:

info@kdb.uz

Corporate website:

http:// www.kdb.uz

Telephone:

(+998) 78 120-80-00

 

Ownership Structure

 

 

KDB Bank Uzbekistan

100% - 681,371,600 shares

 

KDB Bank, Seoul (Korea)

86.32% - 588,148,600

National Bank of Uzbekistan

10.31% - 70,244,200

Turon Bank, Uzbekistan

3.37% - 22,978,800

 

The Bank has successfully implemented the international practice of Client Relationship Management system, which ensures the quality of customer support from the date of onboarding throughout the entire service period.  The Client Relationship Management model represents long-term commitment of the bank to the customers.

The Bank has direct corresponding accounts with international banks, to ensure the instant settlement in all major currencies. Furthermore, the Bank may arrange payments in currency different from customer’s current account.

The Bank provides the broad range of banking services such as Cash and Payment Services; Debit Cards; Remote Services; Trade Finance; Commercial Lending; Treasury Operations.

For successful implementation of Business, one needs a reliable business partner in the field of providing banking services. “KDB Bank Uzbekistan” JSC can play the role of your partner in Uzbekistan!

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