During the third quarter of 2026, Octobank in Uzbekistan expanded its credit product lineup, integrated Apple Pay and Google Pay support for internet-acquiring partners, and enhanced corporate clients' international settlement capabilities across 16 currencies. The management asserts that these upgrades are designed to solidify the institution's technological infrastructure amid growing market competition.
For the January–September period, the bank's net profit reached 266.36 billion soms, marking a 57.53% increase compared to the same period last year. Total assets surged by 178.87% year-on-year to 14.62 trillion soms as of October 1. Furthermore, the credit portfolio grew by 104.56% to 832.68 billion soms, while total equity rose by 38.93% to 1.30 trillion soms, reflecting substantial balance sheet expansion.
In addition to financial metrics, the bank introduced new mortgage and auto loan programs, while partnering with major airlines like Uzbekistan Airways and Centrum Air to enable digital wallet payments. Octobank also reaffirmed its commitment to security by renewing its PCI DSS v4.0.1 compliance and securing the ISO 37001:2025 anti-corruption certificate, alongside active global outreach efforts including prominent branding initiatives in New York.
Source: podrobno.uz