TBC Uzbekistan Streamlines Corporate Banking with New Digital Payroll Feature

TBC Uzbekistan, a subsidiary of London-listed TBC Bank Group (LSE: TBCG), has launched a fully digital payroll solution aimed at eliminating traditional processing delays for small and medium-sized enterprises (SMEs). This new feature is integrated into TBC Business, Uzbekistan’s first all-digital financial platform exclusively for commercial entities.

Eliminating Weekend Settlement Gaps

The digital payroll system addresses a common challenge in emerging markets where corporate banking operates within limited hours. Entrepreneurs often face capital freezes over weekends and holidays due to rigid processing windows. With TBC Business, administrators can now initiate salary distributions 24/7, ensuring immediate crediting to employee debit cards.

“At TBC Uzbekistan, our mission is to simplify financial services for everyone,” stated Nika Kurdiani, CEO of TBC Uzbekistan. “This new payroll feature helps automate routine processes at no additional cost, freeing up entrepreneurs to focus on growth while providing employees with a seamless digital experience when receiving their salaries.”

Expanding Digital Ecosystem

The launch complements an already robust suite of SME services including:

• Specialized lending programs integrated into the banking stack
• A standalone mobile application for corporate treasury management
• Inventory analytics and cash flow unification through the acquisition of BILLZ, Uzbekistan’s leading retail management software platform

Benefits for Employees & Employers

The automated payroll serves as an onboarding funnel to TBC’s broader consumer network. New employees can:

• Apply directly for their TBC Salom debit cards via the primary TBC UZ mobile application
• Earn interest on outstanding card balances and cashback rewards
• Enjoy commission-free peer-to-peer transfers and cash rebates

With nearly 6 million Monthly Active Users (MAU) and recognition as a leading international fintech by CNBC and Statista, TBC Uzbekistan continues to demonstrate the rapid transition towards digital-first banking in emerging markets.