Octobank was honored with the award “For Dynamic Development in the Banking Sector of Uzbekistan in 2024” following the results of the 8th Brand Awards International. The award, formerly known as “Brand of the Year,” has transformed into an international format, confirming the business achievements of Uzbekistan’s leading brands over the past year.
The official awards ceremony was held on May 3 at the Hyatt Regency Tashkent hotel. The award organizers — the Committee for the Development of Competition and Consumer Protection of the Republic of Uzbekistan and the Marketing Association of Uzbekistan — prepared an optimal format for participation, presentation of the most significant brand achievements, and brand value determination.
“The Brand Awards International helps brands communicate their values, and consumers — make informed choices. Thanks to this format, consumers receive important information about the value and reliability of brands. A brand is not just a logo; it’s a clear development strategy of a company and its product for the coming years — a strategy that is understood and shared by consumers,” said Diyor Mirzaakhmedov, Chairman of the Board of the Marketing Association of Uzbekistan.
The unique format of Brand Awards International made it possible, for the first time, to conduct an indicative valuation of brands in Uzbekistan. This work was carried out by the independent investment and consulting company Gafurov Kardash and Partners.
“We are grateful for the high recognition of our work. An honorary award from industry experts is a valuable result of our efforts and confirmation of the correct strategic direction chosen by the Octobank team. We will continue our active work on implementing new technologies and improving service quality, providing our clients with the best banking solutions,” said Iskandar Tursunov, Chairman of the Board of JSC “Octobank”.
ABOUT THE BANK:
Octobank has been developing digital infrastructure in the Uzbek market for over 20 years, making e-commerce accessible and convenient for its clients. More than 3 million individuals and over 2,500 corporate clients value Octobank for its security and service advantages.
Octobank also represents Uzbekistan at key global industry events, including:
Sibos 2024 (Beijing)
FINNEXT Asia 2024
PLAS Forum 2024
Qorus Reinvent Forum 2025 (Bangkok)
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