BS/2 at TIIF 2025: Advancing Fintech and Digital Transformation in Uzbekistan

From June 9 to 11, 2025, the capital of Uzbekistan hosted the 4th Tashkent International Investment Forum (TIIF 2025) – one of the region’s premier business platforms for discussing Uzbekistan’s investment strategy and Central Asia’s broader economic trajectory. The forum brought together over 8,000 participants from nearly 100 countries, including heads of state, leaders of international financial institutions, and executives from global technology and investment companies.

This year, the forum is attended by prominent figures such as President Rumen Radev of Bulgaria, Prime Minister Robert Fico of Slovakia, Prime Minister Olzhas Bektenov of Kazakhstan, Chairman of the Cabinet of Ministers of Kyrgyzstan Adilbek Kasymaliev, Prime Minister Kokhir Rasulzoda of Tajikistan, Prime Minister Ali Asadov of Azerbaijan, Deputy Chairman of the Cabinet of Ministers of Turkmenistan Nokerguly Ataguliyev, as well as heads of major financial institutions including Odile Renaud-Basso, President of the European Bank for Reconstruction and Development, and Dilma Rousseff, President of the New Development Bank.

BS/2 took part in the forum with a senior delegation comprising Idrakas Dadašovas, Chairman of the Board of Penki Kontinentai Group; Kirill Ovsiannikov, Deputy CEO for Strategic Development at BS/2; Nikolajs Želnins, Deputy CEO for Commerce at BS/2; Dmitry Kharchenko, CEO of BS/2 Tashkent; Aleksey Yelfimov, Deputy CEO of BS/2 Tashkent; and Vladimir Besprozvannikh, Senior Engineer of the Technical Solutions Support Group at BS/2 Tashkent.

During the event, BS/2 held strategic meetings with long-standing banking partners, including Uzum Bank, Kapitalbank, Trastbank, Ipoteka Bank, TBC Uzbekistan, among others. Discussions focused on advancing digital banking infrastructure and implementing self-service technologies. BS/2 also showcased how high-end equipment from its long-time technology partner Diebold Nixdorf supports Uzbekistan’s banks in building a resilient and modern service network aligned with the country’s digital agenda.

A key highlight of the forum was the speech by President of Uzbekistan Shavkat Mirziyoyev, who outlined four priority pillars for the nation’s economic future. One of the central themes was the accelerated development of digital technologies and artificial intelligence. According to the President, Uzbekistan’s IT exports are expected to reach $1 billion by the end of 2025, with ambitions to quintuple that figure by 2030. Over the next few years, the country will launch 20 new data centers, roll out a national AI model, and implement the education-driven initiative “One Million AI Leaders.” President Mirziyoyev emphasized that Uzbekistan aims to become a competitive global IT and fintech hub.

Djasur Djumaev, Co-founder and Head of Uzum, presented the core technologies and strategic approaches of Uzum Bank at the forum, showcasing a high level of technological maturity and a strong focus on the digital development of financial services. A successful transaction was also carried out at the UZUM booth using a Uzum Bank ATM and Kapitalbank’s infrastructure, in the presence of a delegation led by Djasur Djumaev and Maksud Abdusamadov, Chairman of the Supervisory Board of Kapitalbank. This marked an important milestone in the rollout of a wide network of DN200V ATMs by Diebold Nixdorf, delivered by BS/2 under a long-term agreement. On June 11, President of Bulgaria Rumen Radev, together with an international delegation, was introduced to the self-service capabilities of Uzum Bank and, right at the UZUM booth, was able to issue a bank card and withdraw cash from a DN200V ATM.

TIIF 2025 reaffirmed strong international interest in Uzbekistan’s investment potential. The event received extensive media coverage from major global outlets, including CNN, Euronews, The Guardian, ZDF, Al Jazeera, Diplomat Magazine, EU Reporter, Daily Times, and Doha News – a reflection of Uzbekistan’s growing visibility on the global economic map.

For BS/2, participating in TIIF 2025 marked another step in strengthening its strategic dialogue with key players in Uzbekistan’s banking sector and reinforcing its commitment to advancing innovation and sustainable digital transformation across the region.