Deposit Holders of Closed Yangi Bank Receive 169 Billion Soums in Guaranteed Compensation

Tashkent, Uzbekistan (UzDaily.com) — As of 6:00 p.m. on 30 January 2026, depositors of the closed Yangi Bank have received compensation payments on guaranteed deposits totaling 169 billion soums, the Deposit Insurance Agency reported.

According to the agency, the amount paid represents 81% of the total compensation. The bank’s total deposit portfolio is estimated at 396 billion soums, of which 208 billion soums are guaranteed deposits to be paid in the initial stage.

Individual depositors have received 168.5 billion soums in guaranteed deposit compensation, representing 82% of their total deposits of 205 billion soums. Legal entities have received 71 million soums out of 2.9 billion soums, or 2.4%, while individual entrepreneurs have received 142 million soums out of 261 million soums, or 54%.

The Deposit Insurance Agency plans to pay an additional 39 billion soums in guaranteed deposit compensation, representing the remaining 19% of the total payments.

Compensation payments are made through an agent bank in accordance with the established legal procedures. The designated agent bank is the AKB “Bank of Business Development.”

Yangi Bank had a total of 31,931 depositors, with total deposits amounting to 396 billion soums. In the initial stage, guaranteed deposit compensation will be received by 31,507 people, including 31,327 individuals, 125 legal entities, and 55 individual entrepreneurs.

For context, on 15 January, the Central Bank of Uzbekistan revoked Yangi Bank’s license. The regulator had repeatedly issued written warnings to the bank regarding the need to increase its charter capital, but the measures to address the identified violations were not implemented.

Under Uzbek law, specifically Articles 54 and 77 of the Law “On Banks and Banking Activities,” a bank’s license must be revoked if it fails to meet minimum capital requirements or incurs losses exceeding established limits.