Uzbekistan’s First Digital Bank TBC Goes Live

Capital Banking Solutions, a provider of integrated banking software, announced that TBC Bank first digital bank in Uzbekistan and the subsidiary of TBC banking group in Georgia goes live with its open platform solution.

The first digital bank in Uzbekistan will be supported by CapitalBanker and CapitalConnect suite as an open back-end API-based solution and Space’s digital retail platform. Space is the first fully digital bank in Georgia, powered by TBC and launched in 2018.

Lasha Gurgenidze

Lasha Gurgenidze, General Manager at Space commented:

“Space is an innovative digital banking laboratory, where experiments are made in terms of products, services and communication. Successful discoveries can already be used outside the country. Uzbekistan is the first case of geographic expansion for the Space team. Entering new markets is one of the key components in our strategic vision and we have several goals in this direction.”

Samer Hanna

Samer Hanna, CEO Capital Banking Solutions, said:

“We are excited to support TBC Bank in achieving their goal to become the best provider of digital financial services in the region with Capital Banking Solutions as their partner.

Our mission is to help banks innovate and expand. The flexible design of Capital Banking Solutions’ suite through open source API platform, offers a cutting-edge unique approach to banks adopting the new digital era.”

For its new implementation in Uzbekistan, TBC’s target was to deliver to its clients instant facilities for loans and deposits banking services.

Featured image credit: Edited from Unsplash