GLOBEALERT
BUSINESSLOWAug 25 · Aug 25, 2026, 2:23 PM

Azerbaijan's biggest bank enters Uzbek market with Davr Bank acquisition

EuroNews [en]

Azerbaijan's largest financial institution, the International Bank of Azerbaijan, is expanding its corporate banking operations by acquiring a 51% controlling stake in Uzbekistan's Davr Bank in a deal valued at $150 million (€128.5m).

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