Enhanced legislative and regulatory system created by the government agencies, including CBU;
Expansion of business in Central Asia as a new financial market;
Strong will to participate in the great changes in Uzbekistan by contributing to the development of its financial market and economy as a whole.
Mission
UzKDB Bank
…always moving forward…
reputation
of stable
& reliable
Financial
institution
a full range high quality banking services
wide range
of strong customers stretching from entrepreneurs to business elite
creating
value-added
business
opportunities
& new banking
services
From Foundation to Present (i)
UzDaewoo Bank was recreated on May 5, 2006 as UzKDB Bank (Uzbekistan-Korea Development Bank) and starting from this day the Bank is engaged in its activity on the basis of License # 5 issued by the Central Bank of the Republic of Uzbekistan.
UzKDB Bank is the successor UzDaewoo Bank, which was founded in 1997 as part of the international expansion of Daewoo Group and its financial department Daewoo Securities.
During this period Board of the Bank worked on enlargement of Bank’s activity and reinforcement of financial statements. The total capital is increased by 24.7 % during 2011 and amounted in USD 34.0 million at the end of FY 2011.
1997-2006
2006
2006 –
up to present
From Foundation to Present (ii)
Ownership structure:
Shareholders:
Assets:
Total Equity:
Branches:
Mini-banks:
Audit company:
Closed Joint Stock Company
Korea Development Bank (61.11 %)
EBRD (27.78 %)
NBU (5.56 %)
JSC Turon Bank (5.56 %)
418.0 mln. in USD equivalent
34.0 mln. in USD equivalent
1
2
Ernst & Young, Tashkent
UzKDB Bank (latest data)
Business overview
UzKDB Bank offers comprehensive financial services across diverse areas based on qualified experience. Our Bank's business profile is primarily oriented to corporate clients and banking services to corporate clients who provide the main part of assets and profits of the bank.
UzKDB Bank
Services
International
payments and
Visa services
Loan
operations
Export &
Import
Operations
Treasury
Services
Local
Transactions
Services
Conversion
and
Remittance
Services
Local Plastic Cards
Services
Business overview: Correspondent relations
Our Bank established strong and reliable relationships with highly reputable commercial banks in Europe, Asia, USA, CIS countries and successfully conducts correspondent relations in different currencies.
Our main correspondent banks are:
JP Morgan Chase (USA)
Commerzbank AG (Germany)
KEB Seoul (Republic of Korea)
VTB Bank (Russian Federation)
NBU (Uzbekistan) etc.
Based on our extensive financial know-how and using the global network of KDB Seoul we are continuing our international expansion and cooperation in order to give a solid support to our customers in their international operations.