Joint Stock Commercial Bank "Kapitalbank" was established on April 7, 2001 as one of the first private banks in the country. Since the implementation of its activities the Bank demonstrates stable growth of business volumes, which allowed it to enter into a number of large banks with assets exceeding 2.6 trillion UZS and total capital of 327,0 billion UZS. This growth occurred against the background of dynamic development of the banking sector of the Republic of Uzbekistan.
In particular, the video presentation of the Bank appeared at the leading European channels: BBC, Bloomberg, Euronews, thereby having covered the European and Asian continent.
Today the Bank is the universal financial institution offering its customers the widest range of financial services, having the extensive branch network and reputation of the responsible and stable organization.
The composition of major shareholders of the Bank includes one of the leading insurance companies of Uzbekistan Capital Sugurta and the Belgian company East West Invest.
Infrastructure of the Bank consists of 14 branches and includes 7 branches operating in the capital and 7 regional branches in Bukhara, Termez, Fergana, Samarkand, Namangan, Nukus and Kokand cities, and also other specialized outlets, mini-banks and savings banks.
The development of highly efficient branch network has provided a solid base for strengthening of the market positions in the capital and the extension of activities in regions of the country, contributed to the increase in customer base and diversification of the Bank's business.
Many years of experience has enabled the Bank to develop a considerable client portfolio. In recent years there have been positive experiences of participation in state programs of support of small business and private entrepreneurship, handicrafts, young families and college graduates.
Currently, the Bank's corporate clients are companies representing all sectors of the economy: construction, pharmaceutical, trading, printing industry, as well as servicing enterprises. The Bank steadily increases the number of retail customers, the number of which exceeded 2.0 million.
As a part of the expansion of international activities, the Bank has achieved crucial success in the establishment of cooperation with international financial institutions, expansion of correspondent banks, which, to date include 11 banks in Europe, Asia, USA and CIS countries. The Bank cooperates with the major financial institutions such as the Austrian Raiffezen Bank International, Deutsche Bank and its subsidiary in the USA - Deutsche Bank Trust Company Americas, Korean Shinhan Bank, Russian banks Sberbank, VTB, Promsvyazbank, Kazakh Kazkommertsbank.
The extensive network of correspondent banks enables the Bank to accelerate the settlements and to optimize the process of clients’ payments passage.
The Bank actively cooperates with the Russian Bank Asia-Invest Bank on financing the investment projects of customer for the purchase of high-tech equipment, special machinery, raw products, vehicles on contracts concluded with the companies of the Russian Federation and other states.
To support foreign trade activities and increasing export and import capacity of industrial enterprises, the Bank established cooperation with the German Bank Commerzbank and the Austrian Raiffezen Bank International in the framework of trade financing transactions.
This year the Bank attracted and successfully adopted the credit line of the Islamic Corporation for the Development of the Private Sector (ICD) for the purposes of financing of small business entities.
The Bank over the last nine years is under constant surveillance by the International Rating Agency "Standard and Poor's", according to whose research the Bank's credit rating rose to the B/B level. Also, the National Rating Agency "Ahbor Reyting" assigned the Bank with the UzA rating with “Stable” prognosis.
The international Auditing Companies Ernst & Young, Deloitte & Touché and Grant Thornton, beginning from 2008, are performing the independent audit of the financial statements of the bank according to the International standards.
Support and trust of customers, the advanced banking technologies and implementation of innovative approaches to the service, team professionalism and cohesion shall enable the bank to become powerful financial supermarket, operating in the most perspective segments of banking market.
