About the bank

• S&P Global Ratings Agency confirmed Turonbank's credit rating at "B/B" level with a forecast of "Stable" The international rating agency S&P Global Ratings confirmed Turonbank's credit rating at B/B level again with a forecast of "stable."

• "Ahbor-Reyting" Agency assigned the bank the national credit rating "UzA+" with a forecast of "Stable"

• The youngest international grandmaster in Central Asia, winner of the 44th Chess Olympiad and holder of the "Pride of Uzbekistan"...

The "S&P Global Ratings" agency confirmed Turonbank's 2022 credit rating as "Stable" at "B/B" level.

An agreement has been signed between Turonbank JSCB and the International Finance Corporation (IFC) to fully transform the bank's operations.

Turonbank signed agreements with the ICD and ITFC for $35 million. USA

A new credit line agreement was signed with the Asian Development Bank

The financial potential of Turonbank JSC was presented in Dubai.

The "Ahbor-Reyting" Agency...

Opening of a new branch "Andijan" in the city of Andijan

The national rating agency "Ahbor Reyting" assigned the bank a rating with a "Stable" outlook - UzA high

15 new modern banking services office was opened

International rating agency "Standart & Poors" assigned Turonbank an individual rating "В / В" with the approval "Stable";

JSCB "Turonbank" signed bilateral agreements with the Export and Import Bank of China in the amount of USD 65.5 million.

JSCB "Turonbank"...

The transformation process has begun with the International Finance Corporation (IFC), which is part of the World Bank group.

The "Ahbor-Reyting" Agency, based on the results of 2019, provided the "Turonbank" Joint-Stock Commercial Bank "uzA+" with a national loan with a "Stable" prospective forecast.

The Turonbank's 30th anniversary was celebrated.

A general agreement on the allocation of a mortgage loan was signed with the "Uzbekistan Mortgage Refinancing Company" JSC.

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• Opening of a new "Andijan" branch in the city of Andijan

• The National rating agency "Ahbor Reyting" assigned the bank a rating with a forecast of "Stable" - UzA high

• 15 new modern banking service offices have been opened

• The international rating agency "Standard&Poors" assigned Turonbank the individual rating "B/B" with the approval of "Stable";

• Turonbank signed bilateral agreements with the Export-Import Bank of China...

Opening of a branch "Mirzo Ulugbek" in the city of Tashkent.

JSCB "Turonbank" signed bilateral agreements with the Eximbank of China in the amount of 85.8 million US dollars.

Opening and launching of round-the-clock self-service zones 24/7.

An additional issue of 18 shares of the bank was issued for a total of 50 billion soums and, as a result, the capital amounted to more than 100 billion soums.

An additional 19 issue of the bank's shares was issued for a total of 59.5 billion soums.

The national rating agency "Ahbor Reyting" has assigned the bank a rating with a "Stable" forecast - UzA is high.

Turonbank has implemented a biometric identification system for clients.

Turonbank was recognized as the "Best Bank for Supporting Projects Aimed at Creating New Jobs."

An additional 17 issues of the bank's shares were issued for a total amount of 4.1 billion soums, and the total capital amounted to more than 50 billion soums.

The National rating agency "Ahbor Reyting" confirmed the bank's "UzA" rating with a forecast of "Stable."

16 additional issues of the bank's shares were issued for a total amount of 6 billion soums and the total capital amounted to 46.0 billion soums;

Turonbank JSC became the laureate of The New Era Award for Technology, Innovation and Quality - a New Era Award in technology, innovation, and quality.

Launch of a new credit line with the support of the World Bank and the International Development Association - Support and Development of Agricultural Enterprises "Phase-2";

Turonbank introduced a new remote account management service "Mobile Bank - Turon-mobile";

According to the financial magazine "The Banker," Turonbank became the best bank in Uzbekistan in 2013.

Due to the issuance of 13 shares of the bank, the authorized capital increased by 4.2 billion soums and amounts to 28.0 billion soums;

The international rating agency "Standard & Poors" assigned Turonbank an individual rating "B-/C" with a forecast of "Stable";

Turonbank's large investment project - the "Fergana Turon Textile" textile enterprise - is beginning to launch. Notably, the company will produce 8,100 tons of high-quality cotton yarn annually, competing with the world-renowned...

Turonbank was awarded for achieving 95.28% automation level in the STP MT103 format of Commerzbank AG Frankfurt, Germany.

In 2010, Turonbank announced an additional 5.6 billion soums in bank shares, with Turonbank's authorized capital increasing twice a year, indicating potential shareholders' interest in the bank's activities. In addition, since the beginning of 2010, Turonbank has been providing money transfer services to the population through the "Unistream" and "Migom" systems.

In November 2010, Turonbank JSCB celebrated its 20th anniversary. By this time, Turonbank has a charter capital ...

In 2009, the bank's authorized capital increased by 2.2 billion soums and, as of January 1, 2010, amounted to 13.0 billion soums. In 2009, correspondent relations were established with JSC "Promsvyazbank" (Russian Federation) and correspondent accounts were opened in US dollars, euros, and Russian rubles. A system for delivering cash foreign currency has been established with Credit Suisse (Switzerland), Commerzbank AG (Germany), and HSBC Bank London Branch.

Throughout 2009, a project to...

2008 was particularly favorable for the bank's operations. Moody's international rating agency assigned Turon Bank JSC a financial stability rating (FSB) of E+, which is being transformed into a basic creditworthiness rating of B3. This rating takes into account the bank's strong business relationships with a number of large clients (including both state-owned enterprises and government institutions, as well as private sector companies), a relatively developed branch network, improving profitability...

Since 2007, based on the License of the Central Bank of the Republic of Uzbekistan and the General Meeting of Shareholders, it has been operating in the banking services market as the Open Joint-Stock Commercial Turon Bank.

Also, in 2007, Turonbank became a member of the Reuters diling system and joined the VISA International payment system as an associate member, concluding an agreement with Credit Suisse Bank (Switzerland) for the supply of cash foreign currency. Since the beginning of...

Turonbank, being one of the universal banks, conducted an additional share issue in 2005 and attracted new shareholders in the form of state institutions and large commercial structures.

Turonbank has been developing its foreign economic activity and, in order to develop international settlements, has become a member of the SWIFT SCRL international organization since 2004. In this regard, the client base is growing and diversifying, the volume of international operations and the turnover of money transfers is increasing.

Turonbank has been developing its foreign economic activity and, in order to develop international settlements, has become a member of the SWIFT SCRL international organization since 2004. In this regard, the client base is growing and diversifying, the volume of international operations and the turnover of money transfers is increasing.

The year 2003 was determined by the development of foreign economic activity and the establishment of correspondent relations with foreign banks, and marked the beginning of new relations with major international financial institutions. Turonbank became the first representative of "Quick Mail" money transfers in Uzbekistan and the representative of "Western Union" international money transfers.

From June 29, 2002, according to the license of the Central Bank of the Republic of Uzbekistan, the bank continued its activities as the Joint-Stock Commercial Turonbank.

Open Joint-Stock Commercial Turonbank, one of the first commercial banks in the Republic, was approved by the founding conference of shareholders on October 6, 1990, and registered by the State Bank on November 6, 1990, under number 713.

When opening a bank, the founders of the bank were:

• Ministry of Land Reclamation and Water Resources and its subordinate organizations and enterprises;

• The State Committee for Water Management Construction and its enterprises...