DAVR BANK

What DAVR BANK does

DAVR BANK (legal name: Davr Bank Xususiy aksiyadorlik tijorat banki) is a private commercial bank headquartered in Tashkent, Uzbekistan, licensed by the Central Bank of the Republic of Uzbekistan under License No. 71 dated September 29, 2001. The bank provides retail and business banking services to individuals (Jismoniy shaxslar) and enterprises (Biznes uchun) through a multi-channel model that combines physical branches (filials), an ATM network, mobile and internet banking, and a 24/7 contact center. DAVR BANK is ranked among the top 10 commercial banks in Uzbekistan by the Central Bank and operates exclusively within the domestic market.

The bank's product portfolio spans lending (microloans, microcredits, mortgages, car loans, and business loans), deposits (Optimal and Baxor for individuals; Barqaror and Exclusive for businesses), payment cards (Visa, Mastercard, Uzcard, Humo, co-branded, salary, and virtual), currency exchange, and merchant acquiring through Davr Pay (QR/online) and Ekvayring (POS terminals). Its digital platform centers on DavrMobile 2.0 (iOS/Android) for retail customers and DavrBusiness 2.0 for business clients, both supporting online loan origination with rapid approval and card-based disbursement, plus online business account opening. Marketing is conducted via the company website, social media (Telegram, Instagram, Facebook, YouTube), and app store presence.

DAVR BANK's revenue model is built on net interest income from its loan book and deposit spread, supplemented by transaction-based fees on card operations, payment processing, money transfers, and currency exchange. Pricing is quote-based and not publicly disclosed. In June 2026, Azerbaijan's largest state-owned bank, ABB Bank (Moody's Ba1), publicly indicated its intention to acquire a controlling stake in DAVR BANK, a transaction that would represent approximately 12% of ABB's total assets, signaling a potential change of control. In Q1 2026 the Central Bank of Uzbekistan also identified DAVR BANK among the ten commercial banks with the highest consumer complaint index, requiring service quality upgrades.

Name

DAVR BANK

Legal name

Davr Bank Xususiy aksiyadorlik tijorat banki

Website

https://davrbank.uz

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

DAVR BANK is a private Uzbek commercial bank founded in 2001, providing retail and business banking through branches, ATMs, and digital platforms (DavrMobile 2.0, DavrBusiness 2.0) to individuals and enterprises across Uzbekistan, with products spanning loans, deposits, cards, FX, and merchant acquiring.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Depository Credit Intermediation (5221), Commercial Banking (522110), Commercial Banking (52211)

SIC

State Commercial Banks (6022), National Commercial Banks (6021)

akta.pro primary industry

Islamic SME & Commercial Banking (FSABAGAB)

akta.pro secondary industry

POS Payment Software & Middleware (Terminal OS, Apps, Device Management) (FSAMADAC)

Keywords

• Retail banking services
• Commercial banking
• Digital banking
• Consumer lending
• Payment cards

Headquarters

HQ city

Tashkent

HQ country

Uzbekistan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Interest Income from Loans: DAVR Bank generates revenue through interest income from various loan products including microloans, microcredits, mortgages, car loans, and business loans offered to both individuals and corporate clients.
2. Deposit Operations: Revenue from deposit products including term deposits (Optimal, Baxor, Barqaror, Exclusive) for both individuals and businesses, generating spread income.
3. Card Services: Revenue from card operations including Visa, Mastercard, Uzcard, Humo, salary cards, and co-branded cards (Kobeyjing).
4. Payment and Transfer Services: Revenue from payment processing, money transfers, and Davr Pay merchant payment acceptance services.
5. Currency Exchange: Revenue from foreign currency exchange operations, with rates published daily for USD, EUR, CHF, GBP, JPY.
6. Acquiring Services: Revenue from merchant acquiring services including terminal (Ekvayring) and online payment acceptance.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels5 records

Core offering

DAVR BANK is a private commercial bank in Uzbekistan providing retail and business banking services. It offers consumer and commercial loans (microloans, microcredits, mortgages, car loans), term deposits (Optimal, Baxor for individuals; Barqaror, Exclusive for businesses), payment cards (Mastercard, Visa, Uzcard, Humo, virtual, salary, and Kobeyjing co-branded cards), foreign currency exchange, and merchant acquiring services (Davr Pay QR-based and POS terminals). Services are delivered through the DavrMobile 2.0 and DavrBusiness 2.0 mobile apps, internet banking, a physical branch and ATM network, and a 24/7 contact center.

Product overview

DAVR BANK is a private commercial bank in Uzbekistan offering a comprehensive suite of banking services through multiple channels. The core digital banking platform consists of DavrMobile 2.0 for individual customers and DavrBusiness 2.0 for business clients, both available as mobile apps and internet banking. The bank provides loan products (microloans, mortgages, car loans), deposit accounts (Optimal, Baxor for individuals; Barqaror, Exclusive for businesses), payment cards (Mastercard, Visa, Uzcard, Humo, virtual cards), currency exchange services, and merchant acquiring through POS terminals, online acquiring, and Davr Pay QR-based payments. The bank operates a branch and ATM network throughout Uzbekistan.

Differentiator

Problem solved

Functional benefit

Brands

• DavrMobile 2.0: Mobile banking application for individuals supporting iOS and Android platforms
• DavrBusiness 2.0
• Davr Pay

Products and services

• DavrMobile 2.0 Mobile banking application for individuals enabling instant financial operations including payments, transfers, card management, and online loan and deposit applications. Available on iOS App Store and Google Play.
• DavrBusiness 2.0 Comprehensive business banking platform providing mobile and internet banking, payment acceptance via Davr Pay, loans, deposits, corporate cards, and online account services for business customers. Available on iOS App Store and Google Play.
• Davr Pay

Quantifiable outcome

• Online microloan approval in a few minutes with immediate fund transfer to cards

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Asaka Bank: Major Uzbek state-owned commercial bank offering a comparable suite of corporate and retail banking, lending, deposits, and digital services across Uzbekistan. Directly comparable as a domestic competitor targeting the same retail and business segments.
• National Bank of Uzbekistan: Uzbekistan's largest state-owned commercial bank with full-service retail, corporate, and treasury banking. Direct domestic competitor with overlapping product suite and nationwide branch footprint.
• Uzpromstroybank: Uzbek state-owned commercial bank providing corporate lending, retail deposits, mortgages, and digital banking. Directly comparable as a full-service domestic peer with similar regulatory standing.
• Ipoteka Bank: Uzbek state-owned bank active in mortgage lending, retail deposits, and broader commercial banking. Direct peer with overlapping mortgage and deposit product lines serving similar Uzbek retail and SME customers.
• Agrobank: Uzbek commercial bank providing retail loans, deposits, cards, and agricultural/SME financing. Direct domestic competitor with comparable product mix and target customer base.
• Kapital Bank: One of Uzbekistan's largest private commercial banks offering retail deposits, consumer loans, cards, and business banking. Closely comparable in product scope and customer segments to Davr Bank.
• Hamkorbank: Uzbek private commercial bank providing retail and SME lending, deposits, cards, and digital banking. Direct peer with similar private-sector positioning and product offering.

Emerging players

• TBC Uzbekistan (TBC Bank Group): Digital-first banking operation in Uzbekistan backed by Georgia's TBC Bank Group, focusing on retail and SME customers via mobile app. Comparable as a digitally-led foreign entrant competing for the same Uzbek retail and small business customers.

Regional players

• Kaspi.kz: Kazakhstan's leading super-app combining payments, marketplace, and fintech with banking services; operates only in Kazakhstan but is a comparable digital-first commercial banking model in the broader Central Asia region.
• Halyk Bank: Kazakhstan's largest bank with retail, corporate, and SME banking plus digital channels. Comparable as a top-tier Central Asian commercial bank with similar scale ambitions and product breadth, though operating in a different national market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@davrbank_uz
• Facebookfacebook.com/davrbankuz
• Instagraminstagram.com/davrbankuz?igsh=bzUwaXI3dXVzazY2
• LinkedInlinkedin.com/company/davr-bank

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DAVR BANK