Update on the privatisation of Humo payments system in Uzbekistan
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Kaspi.kz has decided not to proceed further in the process of participating in the privatization of Uzbekistan's National Interbank Processing Center, Humo, after initially submitting a non-binding letter of interest.

November 15, 2024 | 9:30 pm
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NEUTRAL IMPACT
Kaspi.kz has decided not to proceed with the privatization of Uzbekistan's Humo payments system after showing initial interest.
Kaspi.kz's decision not to proceed with the Humo privatization may indicate a strategic shift or reassessment of investment opportunities. This decision is significant but not critical, as it does not directly affect Kaspi.kz's current operations or financials.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80