Expanding horizons: KAPITALBANK joins the OZ PLANET partner network
KAPITALBANK JSCB has joined the OZ PLANET partner network, giving its clients access to modern online financing tools. Integrating the bank with a modern digital platform will give businesses fast access to liquidity and the ability to manage working capital flexibly, and will improve operational efficiency.
Connecting to OZ PLANET is a logical continuation of KAPITALBANK's strategy to develop digital financial services and expand its factoring business. Under KAPITALBANK's 2024–2027 Strategic Development Plan, the bank sees factoring as one of its promising growth areas and aims to build a factoring portfolio of USD 50 million by 2027. Integration with the platform will accelerate this through process automation and give clients fast access to financing in a digital format.
The partnership will allow KAPITALBANK to broaden its range of digital services for small and medium-sized businesses and make working with the bank more transparent and convenient for clients. This is in line with KAPITALBANK's strategic goals of improving customer service, developing high-tech products and expanding opportunities for SMEs.
A KAPITALBANK representative stressed how relevant the solution is for business:
"We see growing demand from businesses for modern financing tools that work online. Integration with OZ PLANET will allow KAPITALBANK to offer clients digital factoring with a high level of speed, transparency and convenience. It is important for us to offer clients modern digital solutions that help businesses grow and manage working capital effectively."
The expansion of the OZ PLANET partner network also reflects the growing demand from banks and businesses for modern online financing tools.
"Our task is to make digital factoring as fast as possible for banks to launch and as convenient as possible to use. KAPITALBANK's integration with OZ PLANET shows that the market is increasingly moving to technology-driven formats of business financing," said Alexander Bogdanov, CEO of OZ PLANET.
OZ PLANET is steadily developing its digital factoring infrastructure, focusing on two key aspects:
- fast connection of banks to the system without major technical changes;
- convenience for businesses — an intuitive interface and minimal time-consuming approval and paperwork procedures.
Cooperation with KAPITALBANK will scale up business access to online factoring and speed up the adoption of modern financial solutions in Uzbekistan.
KAPITALBANK JSCB is one of the largest private banks in Uzbekistan, founded in 2001. The bank provides a wide range of services to individuals and corporate clients, including lending, cash management, acquiring, digital payment services and solutions for small and medium-sized businesses.
The bank actively develops digital services and social initiatives. In 2024 the Central Bank of Uzbekistan named KAPITALBANK "The Most Responsible Bank" for its contribution to improving financial literacy.
The bank's financial stability is confirmed by international rating agencies. In 2025 Fitch Ratings assigned the bank a "B" rating with a Positive outlook, Moody's a "B1/B1" rating with a Positive outlook, and Standard & Poor's long- and short-term credit ratings of "BB-/B" with a Stable outlook.
In recent years KAPITALBANK has received a number of international and industry awards for digital banking and customer service. The bank has repeatedly won the Visa Awards in Uzbekistan, was named the country's best retail and innovative private bank by International Finance, and was the first bank in Uzbekistan to receive international Top Employer certification.
