Madad Invest Bank JSCB

Madad Invest Bank received licence No. 82 from the Central Bank on 22 October 2016 and describes itself as the first new bank created in Uzbekistan in the preceding seven years. Its first soum cards were issued in March 2017, and its Operations Department in Tashkent opened that July. In December 2024 an additional share issue increased the charter capital to 500 billion soums. The Central Bank lists it among joint-stock commercial banks, and its disclosed material facts point to private shareholders. In recent years the bank has used the mybank brand, with a new website at my-bank.uz.

Individuals are offered a co-badged Uzcard–Mastercard card, Visa Classic and Platinum, Humo cards, deposits in soums and US dollars, car loans for new and used vehicles and microloans of up to 100 million soums; businesses get loans, guarantees, factoring, payroll projects and corporate internet banking. Offices: the Operations Department and the Tashkent service centre in the capital, the Fergana service centre and Festival office in Fergana, an office in Quvasoy, and a service centre in Samarkand.

For travellers

The bank publishes its own buying and selling rates for dollars, euros and roubles on its website, and currency is exchanged at its offices. International transfers are made only by SWIFT and require an account; no fast-transfer systems such as Western Union are listed. Terms for non-residents are not described separately. The mybank UZ app for individuals is available for iOS and Android; the contact centre number is +998 55 510 44 44.