“At Octobank, we firmly believe that a successful business should not only generate profit but also take responsibility for society and the environment,” said Komiljon Saidov, Head of the Executive Office at Octobank and ESG project coordinator. “To identify risks and opportunities in the field of sustainable development, we continuously improve our management system, integrating innovative technologies to enhance business efficiency and minimize environmental impact. Our initiatives—digitalization, the transition to virtual cards, and the development of environmentally focused projects—contribute to building a sustainable future for our customers, employees, and society as a whole.”
An Eco-Friendly Business Model
One of Octobank’s key priorities is environmental responsibility. The bank implements projects aimed at reducing its carbon footprint:
Digital transformation. The introduction of electronic document management (EDM) helps streamline internal processes, eliminate unnecessary operations, and reduce negative environmental impact—lowering CO₂ emissions as well as paper and plastic consumption.
Virtual cards. By replacing physical plastic cards, we support digitalization and help reduce environmental harm. These cards can be issued and managed through our mobile app.
Moving forward, Octobank plans to plant trees, launch a battery recycling program, and gradually transition its corporate fleet to electric vehicles.
Sustainability in Corporate Strategy
Employees are Octobank’s greatest asset. We strive to create an environment where every team member can develop professionally, receive fair compensation, and feel like an integral part of the company.
Octobank offers its employees:
Social security and support. Assistance during difficult life situations.
Career growth opportunities. Transparent career paths, training courses, and participation in professional conferences.
Motivation system. A fair and transparent salary and bonus structure.
Healthy lifestyle benefits. Gym and pool memberships, corporate sports events, and wellness camp vouchers for employees’ children.
The principles of gender equality are embedded in our corporate policies and actively implemented in HR strategies. Octobank takes pride in its diverse, multinational team, which includes professionals from Uzbekistan, Kazakhstan, Tajikistan, Germany, and other countries.
Octobank is also a member of the Association of Employers of Uzbekistan and the international Qorus community, which connects leading financial institutions worldwide. This facilitates the exchange of best practices in corporate social responsibility and sustainable development.
We are committed to supporting initiatives that protect the environment and promote eco-friendly projects, understanding that such investments not only improve ecological conditions but also create long-term economic value.
