TBC Uzbekistan Expands TBC Avto with Full-Scale Launch, Pioneers New Car Buying Experience inUzbekistan
TBC Uzbekistan, Central Asia’s leading digital financial ecosystem and part of London-listed TBC Bank Group, today announces the full-scale launch of TBC Avto following an initial pilot period, with an expanded proposition and broader set of features set to transform the car-buying experience in Uzbekistan.
Blending a seamless digital journey with personalised concierge support, TBC Avto significantly simplifies what has traditionally been a painstaking, offline process to enable users to complete their car purchase journey—from vehicle selection to paperwork completion, key handover and driving away—within just 24 hours.
Customers begin their journey within the TBC UZ mobile banking app, where they can select a model based on their preferences and budget from a wide range of partner dealerships.
Once they have selected their vehicle, customers choose their payment option—either paying upfront or accessing financing from TBC Avto. To guide customers through the final stage of the process, a personal TBC Avto concierge steps in to advise on the next steps and accompanies them to the dealership, assisting with all paperwork through to completion of the purchase.
TBC Avto has partnered with several car dealerships in Uzbekistan’s capital city of Tashkent, with plans underway to bring the offering to people in other regions across Central Asia’s most populous nation in the coming months.
Nika Kurdiani, CEO of TBC Uzbekistan, commented:
“This expanded offering enables people to complete the purchase of a vehicle and drive it away in around 24 hours, reflecting our vision to take the hassle out of financial services and make people’s lives easier. More than just another loan product, it represents a fundamentally new car-buying experience for Uzbekistan, transforming a complex, often lengthy process into a quick, accessible and transparent journey. Over the past six years, we’ve pioneered a new way of delivering financial services and are excited to bring this approach to more daily tasks, expanding our reach and allowing us to help our customers in more ways.”
The expansion of TBC Avto is part of TBC Uzbekistan’s strategy to further expand its offering, building the region’s leading digital banking and lifestyle ecosystem for individuals and SMEs.
Over the past several months, TBC has also launched insurance products and completed targeted acquisitions of majority stakes in BILLZ, Uzbekistan’s leading retail management SaaS platform, and OLX Uzbekistan, the country’s leading online classifieds platform.
TBC Uzbekistan continues to set the benchmark for a best-in-class customer experience, as its AI Assistant Lola guides users across the ecosystem.
A unified subscription service that is set to unlock new benefits for users and enable them to maximise their experience with TBC is also currently in development.