TBC Bank Group PLC (LSE:TBCG) said it has obtained a preliminary banking license in Uzbekistan. TBC said this approval is an "essential step" in the process to launch banking operations in the country. For the venture, TBC is seeking international financial partners and a domestic partner. TBC hopes to control 51% of the eventual partnership. Shares in TBC Bank were down 0.3% in London on January 21, 2020 afternoon at 1,262.00 pence each.