On the margins of the Tashkent Economic Forum, the State-Owned Assets Management Agency signed a memorandum with the Russian Expobank on the purchase of Poytakht Bank, the Uzbek Finance Ministry said.
Earlier this year, the agency announced its intention to sell the 100% government’s stake in Poytakht Bank. The Ministry of Finance did not specify the details of the planned deal.
Deloitte was selected as a consultant on the privatization of Poytakht Bank JSC.
The bank was established in line with the Decree of the President of Uzbekistan in 2017.
