Best bank: Ansher Capital
Ansher Capital is the leading investment bank in Uzbekistan, and the flagship of its parent, Singapore-based Ansher Holding group. Ansher has pioneered a number of new instruments and transactions in Uzbekistan, including corporate bonds, M&A and equity private placements. The bank now holds leadership positions in all three. In 2007, Ansher played a leading role in attracting international investors to the Uzbek securities market, from such countries as Germany, the UK, Sweden, Russia and the US. Ansher also advised on the establishment of hedge funds with a focus on the central Asian region, such as the Central Asia Property Fund, which are entering the region thanks to improved conditions in the traditionally difficult, closed economies of Uzbekistan and other central Asian countries.