Update on the privatisation of Humo payments system in Uzbekistan

ALMATY, Kazakhstan, Nov. 15, 2024 (GLOBE NEWSWIRE) -- In August 2024 we (“Kaspi.kz”) submitted a non-binding letter of interest to Uzbekistan’s State Assets Management Agency (“SAMA”), indicating our interest in participating in the privatisation of the National Interbank Processing Center (“Humo”). At this time, we are not proceeding further in the process. Uzbekistan’s economy is growing fast and its government is pursuing an attractive reform agenda. Kaspi.kz’s innovative digital products improve the eve ...