Octobank has received an international credit rating from S&P Global Ratings with a stable outlook

S&P Global Ratings, one of the world's leading rating agencies, has assigned Octobank long-term ratings of "B-" for foreign and national currency liabilities and a short-term rating of "B". The rating outlook is "Stable".

The "B‑" rating indicates the bank's ability to meet its obligations with moderate sensitivity to economic fluctuations, and the "Stable" outlook indicates that the current assessment will be maintained over the next 12-18 months.

By the end of 2024, Octobank's assets increased by 33.6% to 3.2 trillion sums year—on—year, net profit - by 101.7% to 150.7 billion sums, equity - by 57.5% to 755 billion sums. In the first quarter of 2025, the profit amounted to 108.5 billion sums (+397.5% compared to the first quarter of 2024) and almost equaled the result of the whole year, which underlines the steady profitability and cost management efficiency.

Octobank is a universal private bank with more than 20 years of experience in the Uzbek market. The bank is developing a digital infrastructure, serving more than 3 million individuals and more than 2,500 corporate clients.

S&P Global Ratings is one of the world's three largest credit rating agencies. It assigns long-term ratings to states, corporations, and financial instruments; its ratings are used by investors, banks, and international organizations to analyze credit risk.