In 2020, the President of Uzbekistan addressed the Senate and the Legislative Chamber of the Oliy Majlis, noting the need for Uzbekistan banks to enter international debt capital markets to attract long-term and cheap resources and comprehend the best international practices.

Taking into account the President’s appeals, as well as to implement the investment program and various state and regional development programs, on 14 October 2020, NBU completed the debut issue of Eurobonds for $300 million on the London Stock Exchange.

The issue of Eurobonds by NBU in US dollars attracted a wide range of international investors interested in investing in banks of developing countries. The activities of NBU on the international capital market allowed the bank to create an image of a reliable financial institution striving to develop not only in the local, but also in the international markets.

The experience of NBU in conducting operations in the capital market was recognized by the international group of companies Cbonds. NBU was awarded the Cbonds Awards CIS in the nomination “Best Primary Placement Deal”.

The presentation of the Cbonds Awards CIS took place within the framework of the 17th CIS and Baltic States Bond Congress held on June 24-25, 2021 in Saint Petersburg.

UzA