Azerbaijan’s largest bank and the largest bank in the South Caucasus, ABB, is entering the Uzbek market through a partnership and the acquisition of a stake in Davr Bank, Azerbaijan’s Minister of Economy Mikayil Jabbarov said at the fourth Uzbekistan-Azerbaijan Regional Forum in Tashkent, Trend's special correspondent reports. According to Jabbarov, virtually all of Azerbaijan’s largest taxpayers are already represented in Uzbekistan. This marks the bank’s entry into the Uzbek market through a partnership and the acquisition of a stake in Davr Bank,” Jabbarov said.
The minister expressed his gratitude to Uzbek President Shavkat Mirziyoyev, the regulator, the Central Bank and the Uzbek government for creating a favorable investment environment and supporting the implementation of the project. The 4th Forum of Regions of Uzbekistan and Azerbaijan is dedicated to expanding interregional economic cooperation and implementing joint investment and trade projects. Held in Tashkent, the forum aims to further develop direct ties between the regions of the two countries, as well as expand cooperation in investment, industrial, and trade areas.
Source: https://www.trend.az/business/4217184.html © 2026 Trend News Agency.
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