The document aims to accelerate the bank’s digital transformation and strengthen the strategic partnership between the parties.

As part of the collaboration, joint initiatives will be undertaken to integrate AI-driven solutions into banking processes, enhance technological infrastructure, and expand digital services.

The company’s representatives showcased practical projects carried out in China’s financial industry and their outcomes.

Tang Xiaoxiang, Director of Huawei Uzbekistan, mentioned that they have already carried out several joint projects with SQB focused on network infrastructure. He added that the bank is currently committed to developing digital solutions, enhancing customer experience, improving operational efficiency, and increasing the adoption of smart technologies. The memorandum is expected to support the integration of advanced technologies within Uzbekistan.

Sergei Kozlov, Chief Artificial Intelligence Officer of SQB, states that the agreement creates new opportunities for the bank’s technological growth.

He stated that partnering with Huawei will enable the bank to leverage cutting-edge technologies and expertise, accelerate digital transformation, and develop intelligent products.

Huawei Uzbekistan Press Service states that the company has 16 years of experience developing technological solutions for the financial industry and collaborates with over 7,100 financial institutions in 80 countries.