{"id":11973,"date":"2025-10-30T09:21:51","date_gmt":"2025-10-30T04:21:51","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/"},"modified":"2025-10-30T09:21:51","modified_gmt":"2025-10-30T04:21:51","slug":"the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/","title":{"rendered":"The state Entrepreneurship Development Company became the shareholder of InfinBank with a 15% share."},"content":{"rendered":"<p><strong>Why is this important<\/strong><\/p>\n<p>The entry of a state-owned company into the capital of a private bank is a signal of government support for InfinBank and the expansion of its role in lending to SMEs. The Entrepreneurship Development Company was established to finance small and medium-sized businesses, and participation in the bank will allow directing preferential loans through InfinBank. <\/p>\n<p><strong>What happened<\/strong><\/p>\n<ul>\n<li>Entrepreneurship Development Company <a href=\"https:\/\/new.openinfo.uz\/facts\/30\/329\">acquired<\/a> 15% of InfinBank&#8217;s shares;<\/li>\n<li>The information was confirmed on the Single Portal of Corporate Information and on the InfinBank website;<\/li>\n<li>The company was established in 2023 on the basis of the State Fund for Supporting Entrepreneurship, the founder is the Ministry of Economy and Finance;<\/li>\n<li>Other InfinBank shareholders: Mamatjanov, Abdusamadov, Azia Trans Terminal, Prestij Rielt.<\/li>\n<\/ul>\n<p><strong>InfinBank shareholders<\/strong><\/p>\n<ol>\n<li><strong>Farhod Mamatdjanov<\/strong> \u2014 individual;<\/li>\n<li><strong>Parviz Abdusamatov<\/strong> \u2014 individual;<\/li>\n<li><strong>Entrepreneurship Development Company<\/strong> \u2014 15%, state company;<\/li>\n<li><strong>Azia Trans Terminal LLC<\/strong> \u2014 legal entity;<\/li>\n<li><strong>JSC Prestij Rielt LLC<\/strong> \u2014 legal entity.<\/li>\n<\/ol>\n<p>The exact shares of the remaining shareholders are not disclosed.<\/p>\n<p><strong>On the Entrepreneurship Development Company<\/strong><\/p>\n<p>It was established on November 10, 2023, by the presidential decree \u201cOn measures to improve the system of financial support for small and medium-sized businesses\u201d. The company replaced the State Entrepreneurship Support Fund. <\/p>\n<p><strong>Founder: <\/strong>Ministry of Economy and Finance.<\/p>\n<p><strong>Functions:<\/strong><\/p>\n<ul>\n<li>Financial support for small and medium-sized businesses;<\/li>\n<li>Provision of concessional loans and guarantees;<\/li>\n<li>Participation in the capital of banks and financial institutions to expand lending to SMEs;<\/li>\n<li>Implementation of state programs to support entrepreneurship.<\/li>\n<\/ul>\n<p><strong>About InfinBank<\/strong><\/p>\n<p><strong>Invest Finance Bank (InfinBank)<\/strong> is a private commercial bank operating since 2005 (formerly called Ipoteka-bank). It specializes in lending to SMEs, corporate clients, and retail services. <\/p>\n<ul>\n<li><strong>Assets:<\/strong> approximately 5 trillion soums (approximately $415 million);<\/li>\n<li><strong>Loan portfolio:<\/strong> about 3.5 trillion soums;<\/li>\n<li><strong>Branches: <\/strong>more than 30 throughout Uzbekistan.<\/li>\n<\/ul>\n<p><strong>Context<\/strong><\/p>\n<p><strong>The entry of a state-owned company<\/strong> into the capital of a private bank is an unusual practice for Uzbekistan. Typically, the state owns state-owned banks, while private banks remain independent. However, the participation of the Entrepreneurship Development Company is explained by the strategy of strengthening support for SMEs.  <\/p>\n<p><strong>The 15% share gives<\/strong> the state-owned company significant influence on the bank&#8217;s strategy, but not the control package. This allows maintaining the private nature of management, but focusing on lending to SMEs through state programs. <\/p>\n<p><strong>Preferential loans through InfinBank:<\/strong> The state company&#8217;s participation allows for the allocation of preferential loans for SMEs through InfinBank at rates lower than market rates (20-25% instead of 12-15%). The bank is becoming a channel for implementing the state policy of supporting entrepreneurship. <\/p>\n<p><strong>Benefits for InfinBank:<\/strong><\/p>\n<ul>\n<li>Access to affordable funding from the state company;<\/li>\n<li>Participation in state programs to support SMEs;<\/li>\n<li>Strengthening the reputation and trust of clients;<\/li>\n<li>Risk reduction through state guarantees.<\/li>\n<\/ul>\n<p><strong>Benefits for the state:<\/strong><\/p>\n<ul>\n<li>Expanding the coverage of SMEs through a private bank with a developed network;<\/li>\n<li>More effective management compared to state banks;<\/li>\n<li>Diversification of entrepreneurship support channels.<\/li>\n<\/ul>\n<p><strong>Other shareholders:<\/strong> Farhod Mamatjanov and Parviz Abdusamadov are individuals, likely founders or major investors of the bank. Azia Trans Terminal is a logistics company. Prestij Rielt is a developer company. The diversity of shareholders indicates a wide base of investors.   <\/p>\n<p><strong>Analogues: <\/strong>a similar model exists in other countries where state development institutions participate in the capital of private banks to implement socio-economic tasks (for example, the IFC participates in the capital of private banks in developing countries).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The information was confirmed on the Single Portal of Corporate Information and on the InfinBank website.<\/p>\n","protected":false},"author":4,"featured_media":11966,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/frank.uz\/wp-content\/uploads\/2025\/10\/6902f8ebceede.jpg","width":1200,"height":630,"template":"2bf59057","mode":"auto"},"_sharing_image_fieldset":{"Dv78f24rp1hU":11966,"YlB8HH34jIzY":"The state Entrepreneurship Development Company became the shareholder of InfinBank with a 15% share."},"pin_until":"","footnotes":""},"categories":[2061],"tags":[2079,2263,2237,3470],"class_list":["post-11973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-finance","tag-infinbank-en","tag-smb","tag-state-companies"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.0 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The state Entrepreneurship Development Company became the shareholder of InfinBank with a 15% share. &#8212; Frank.uz<\/title>\n<meta name=\"description\" content=\"The information was confirmed on the Single Portal of Corporate Information and on the InfinBank website.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The state Entrepreneurship Development Company became the shareholder of InfinBank with a 15% share.\" \/>\n<meta property=\"og:description\" content=\"The information was confirmed on the Single Portal of Corporate Information and on the InfinBank website.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/\" \/>\n<meta property=\"og:site_name\" content=\"Frank.uz\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FrankUzbekistan\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-30T04:21:51+00:00\" \/>\n<meta name=\"author\" content=\"Azamat\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@frank_uzb\" \/>\n<meta name=\"twitter:site\" content=\"@frank_uzb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Azamat\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/\",\"url\":\"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/\",\"name\":\"The state Entrepreneurship Development Company became the shareholder of InfinBank with a 15% share. &#8212; Frank.uz\",\"isPartOf\":{\"@id\":\"https:\/\/frank.uz\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/frank.uz\/wp-content\/uploads\/2025\/10\/image_2025-10-29_18-23-03.dcac247c771a.webp\",\"datePublished\":\"2025-10-30T04:21:51+00:00\",\"author\":{\"@id\":\"https:\/\/frank.uz\/en\/#\/schema\/person\/ef76c06f7f97345c76ba878b2a9bee67\"},\"description\":\"The information was confirmed on the Single Portal of Corporate Information and on the InfinBank website.\",\"breadcrumb\":{\"@id\":\"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/#primaryimage\",\"url\":\"https:\/\/frank.uz\/wp-content\/uploads\/2025\/10\/image_2025-10-29_18-23-03.dcac247c771a.webp\",\"contentUrl\":\"https:\/\/frank.uz\/wp-content\/uploads\/2025\/10\/image_2025-10-29_18-23-03.dcac247c771a.webp\",\"width\":820,\"height\":546},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/frank.uz\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The state Entrepreneurship Development Company became the shareholder of InfinBank with a 15% share.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/frank.uz\/en\/#website\",\"url\":\"https:\/\/frank.uz\/en\/\",\"name\":\"Frank.uz\",\"description\":\"\u0414\u0435\u043d\u044c\u0433\u0438. \u0411\u0438\u0437\u043d\u0435\u0441. \u0412\u043b\u0430\u0441\u0442\u044c.\",\"alternateName\":\"\u0414\u0435\u043b\u043e\u0432\u044b\u0435 \u043d\u043e\u0432\u043e\u0441\u0442\u0438 \u0423\u0437\u0431\u0435\u043a\u0438\u0441\u0442\u0430\u043d\u0430\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/frank.uz\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/frank.uz\/en\/#\/schema\/person\/ef76c06f7f97345c76ba878b2a9bee67\",\"name\":\"Azamat\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/frank.uz\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d243bbe6aa31efeab6988fe2306a2e5b6dcf75c26624d1771654002e7e919c16?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d243bbe6aa31efeab6988fe2306a2e5b6dcf75c26624d1771654002e7e919c16?s=96&d=mm&r=g\",\"caption\":\"Azamat\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The state Entrepreneurship Development Company became the shareholder of InfinBank with a 15% share. &#8212; Frank.uz","description":"The information was confirmed on the Single Portal of Corporate Information and on the InfinBank website.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/","og_locale":"en_US","og_type":"article","og_title":"The state Entrepreneurship Development Company became the shareholder of InfinBank with a 15% share.","og_description":"The information was confirmed on the Single Portal of Corporate Information and on the InfinBank website.","og_url":"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/","og_site_name":"Frank.uz","article_publisher":"https:\/\/www.facebook.com\/FrankUzbekistan","article_published_time":"2025-10-30T04:21:51+00:00","author":"Azamat","twitter_card":"summary_large_image","twitter_creator":"@frank_uzb","twitter_site":"@frank_uzb","twitter_misc":{"Written by":"Azamat","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/","url":"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/","name":"The state Entrepreneurship Development Company became the shareholder of InfinBank with a 15% share. &#8212; Frank.uz","isPartOf":{"@id":"https:\/\/frank.uz\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/#primaryimage"},"image":{"@id":"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/#primaryimage"},"thumbnailUrl":"https:\/\/frank.uz\/wp-content\/uploads\/2025\/10\/image_2025-10-29_18-23-03.dcac247c771a.webp","datePublished":"2025-10-30T04:21:51+00:00","author":{"@id":"https:\/\/frank.uz\/en\/#\/schema\/person\/ef76c06f7f97345c76ba878b2a9bee67"},"description":"The information was confirmed on the Single Portal of Corporate Information and on the InfinBank website.","breadcrumb":{"@id":"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/#primaryimage","url":"https:\/\/frank.uz\/wp-content\/uploads\/2025\/10\/image_2025-10-29_18-23-03.dcac247c771a.webp","contentUrl":"https:\/\/frank.uz\/wp-content\/uploads\/2025\/10\/image_2025-10-29_18-23-03.dcac247c771a.webp","width":820,"height":546},{"@type":"BreadcrumbList","@id":"https:\/\/frank.uz\/en\/news-en\/the-state-entrepreneurship-development-company-became-the-shareholder-of-infinbank-with-a-15-share\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/frank.uz\/en\/"},{"@type":"ListItem","position":2,"name":"The state Entrepreneurship Development Company became the shareholder of InfinBank with a 15% share."}]},{"@type":"WebSite","@id":"https:\/\/frank.uz\/en\/#website","url":"https:\/\/frank.uz\/en\/","name":"Frank.uz","description":"\u0414\u0435\u043d\u044c\u0433\u0438. \u0411\u0438\u0437\u043d\u0435\u0441. \u0412\u043b\u0430\u0441\u0442\u044c.","alternateName":"\u0414\u0435\u043b\u043e\u0432\u044b\u0435 \u043d\u043e\u0432\u043e\u0441\u0442\u0438 \u0423\u0437\u0431\u0435\u043a\u0438\u0441\u0442\u0430\u043d\u0430","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/frank.uz\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/frank.uz\/en\/#\/schema\/person\/ef76c06f7f97345c76ba878b2a9bee67","name":"Azamat","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/frank.uz\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d243bbe6aa31efeab6988fe2306a2e5b6dcf75c26624d1771654002e7e919c16?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d243bbe6aa31efeab6988fe2306a2e5b6dcf75c26624d1771654002e7e919c16?s=96&d=mm&r=g","caption":"Azamat"}}]}},"_links":{"self":[{"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/posts\/11973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/comments?post=11973"}],"version-history":[{"count":0,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/posts\/11973\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/media\/11966"}],"wp:attachment":[{"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/media?parent=11973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/categories?post=11973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/tags?post=11973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}