OFFICIAL NOTICE

In accordance with the decision of the Board of the Central Bank of the Republic of Uzbekistan, the activities of Joint Stock Company “Yangi bank” are being terminated.

In this regard, the following is hereby announced:

• Deposits of individuals and business entities in the amount of up to 200 million Uzbek soums are guaranteed by the government.
• Compensation payments for covered deposits will be made in full, in accordance with the procedure and timeframes established by law.
• At present, all necessary organizational, financial, and technical preparatory measures have been initiated to ensure the timely execution of payments.
• Deposit Guarantee Agency has formed sufficient financial resources to carry out compensation payments.
• Compensation payments will be ensured in accordance with the established procedure and under state guarantee.

All processes related to compensation payments are carried out under the continuous and strict supervision of the authorized state authorities.

There are no grounds for unwarranted concern or panic.

The procedure, timeframes of compensation payments, and other important information will be additionally published on the official websites and social media pages of the Central Bank and the Deposit Guarantee Agency.

Citizens are urged to rely solely on official sources of information.