Payment company Future Open Technology Group JSC acquired a 90.2% equity stake in Smart Bank JSC, a subsidiary of Agrobank JSCB (AGBA), for 451bln UZS, valuing the deal at x1.4 P/B. Previously, Agrobank JSCB (AGBA) and Future OPEN Technology Group collaborated in launching an installment payment product in 2023.
https://new.openinfo.uz/facts/44/88
https://new.openinfo.uz/facts/44/88