BAKU, Azerbaijan, October 1. Uzbekistan’s
Orient Finans Bank and Germany’s Landesbank Baden-Württemberg
(LBBW) have signed a new cooperation agreement on the sidelines of
Sibos 2026 in Miami on Sept. 29.


This was reflected in the statement by the Orient Finans
Bank.


The agreement focuses on trade and interbank financing,
expanding financial services and implementing joint projects,
according to Orient Finans Bank. Sibos 2026 was held at the Miami
Beach Convention Center from Sept. 28 to Oct. 1, bringing together
financial institutions, market infrastructures and technology
companies from around the world.


“The new stage of our partnership opens additional opportunities
to strengthen international financial cooperation, expand financial
services and develop new joint projects,” Orient Finans Bank
said.


The two banks have worked together since 2018, building
cooperation in international financial operations. The new
agreement is expected to broaden that relationship, particularly in
areas supporting cross-border trade and banking transactions.







Orient Finans Bank, a privately owned Uzbek commercial bank,
began operations in 2010 and operates under a license from the
Central Bank of Uzbekistan. The bank provides services to corporate
and private customers and has expanded its international banking
infrastructure through correspondent relationships and membership
in global payment systems. Its assets exceeded 18 trillion soums
(about $1.5 billion) as of the bank’s latest published figures.


LBBW, headquartered in Stuttgart, is one of Germany’s largest
banks and serves corporate, retail and institutional customers as
well as savings banks. The bank is owned by the state of
Baden-Württemberg, the Baden-Württemberg Savings Bank Association
and the City of Stuttgart. LBBW reported €347.3 billion in total
assets at the end of 2025 and employs more than 10,800 people.


The expanded partnership comes as Uzbek banks seek to strengthen
international financial links and broaden access to trade-finance
instruments, while European financial institutions continue to
deepen their engagement with Central Asian markets.