Octobank’s Presentation in Shanghai: Achievements, International Recognition, and New Partnerships at the China Financial Exhibition
Octobank is taking part in one of Asia’s largest exhibition platforms — the China International Financial Exhibition. The bank’s technological solutions and products have attracted strong interest from international banks participating in the forum, as well as from fintech companies and payment systems. From June 18 to 20, Octobank’s booth is hosting productive meetings with key partners to discuss areas of cooperation.
As part of the business session held on June 19, Octobank representative Ms. Li shared the bank’s key results for the first quarter of 2025, along with plans for further international cooperation in the field of cross-border settlements and innovative payment solutions.
During her presentation, Ms. Li highlighted Octobank’s major achievements and milestones.
As of the end of 2024, the Octobank brand was valued at $30 million (388 billion UZS at the Central Bank’s exchange rate as of March 17, 2025). In just the first quarter of 2025, the bank posted a net profit of $8.4 million, increased total capital to $67.6 million with a return on equity of 49.7%, and expanded its assets to $315.1 million with a return on assets of 10.7%. Octobank’s strong performance was also confirmed by major international rating agencies Standard & Poor’s and Moody’s, both issuing a Stable outlook. It was also noted that net profit grew 17.5 times between 2022 and 2024.
A major milestone was the signing of an agreement with Tenpay, a Chinese payment service provider and a subsidiary of the tech giant Tencent, as well as the bank’s receipt of the ISO 9001:2015 certification. This partnership has expanded opportunities for Octobank’s clients in Uzbekistan and strengthened the bank’s position in the payment solutions market for WeChat users.
Through such initiatives, Octobank continues to maintain an open dialogue with the international community, offering the market effective solutions for cross-border payments and e-commerce. The bank also reaffirmed its openness and interest in joint projects and strategic partnerships in the fields of fintech, payments, and digital infrastructure.
