Azerbaijan I Kazakhstan I Kyrgyzstan I Uzbekistan Uzbekistan’s banking sector is getting into ever deeper trouble as president Islam Karimov’s increasingly repressive policies close the country off from international trade and drive the economy into crisis. Despite this, Ansher Capital still manages to survive and thrive as Uzbekistan’s leading investment bank. In the past 12 months, it managed to attract the first foreign investors into an Uzbek corporate bond. It is also looking to do a listing in the next year on the Frankfurt Stock Exchange.