Deposit Insurance Agency Completes Transfer of 208 Billion Soums for YANGI BANK Depositors

Tashkent, Uzbekistan (UzDaily.com) — The Deposit Insurance Agency has completed the transfer of compensation funds to the Agent Bank for distribution to YANGI BANK depositors.

According to the Agency, the total amount transferred was 208 billion soums, to be distributed among 31,507 depositors.

Of this total, 96.5 billion soums relates to 243 depositors who placed funds before the Law “On Guarantees for Bank Deposits” came into effect on February 19, 2025. Their individual compensation exceeds 200 million soums, ranging from 200.1 million to 9.4 billion soums. As of now, 89.3 billion soums has already been paid to these depositors through the Agent Bank.

Payments are being carried out in strict accordance with the provisions of Part Four, Article 51 of the law, which regulates compensation for guaranteed deposits.

As of February 3, 2026, the total amount of guaranteed deposits at the initial stage reached 208 billion soums.

Of this, 205 billion soums corresponds to individual deposits (31,327 people), 2.9 billion soums to corporate deposits (125 organizations), and 261 million soums to deposits of individual entrepreneurs (54 people).

Statistics show that 184.5 billion soums—or 89% of the total—has already been compensated. Individual depositors have received 183.8 billion soums (90%), corporate depositors 492.5 million soums (17%), and individual entrepreneurs 142 million soums (54%). The remaining amount to be paid is 23.5 billion soums (11%).

As a reminder, on January 15, 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 authorized capital, but measures to correct the identified violations were not taken.

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