The Central Bank of Uzbekistan revoked the license of JSC "Yangi Bank" for the right to carry out banking activities on January 15, 2026.
The regulator explained this decision by the fact that the measures taken to eliminate the shortcomings identified in the bank did not yield the expected results. In particular, it was noted that the bank did not bring the amount of the authorized capital to the minimum level established by law, and some requirements were not met.
Main reason: insufficient authorized capital
According to the legislation, from January 1, 2025, the minimum amount of the bank's authorized capital should be 500 billion soums.
However, as of January 1, 2026, the authorized capital of "Yangi Bank" was 355 billion soums.
The bank will be liquidated, commission has been assigned
The Central Bank, in accordance with the laws "On the Central Bank," "On Banks and Banking Activities," and "On Bank Rehabilitation and Liquidation," established the liquidation of the bank in the prescribed manner and appointed a liquidation commission.
What happens to depositors?
The most important thing is that, according to preliminary estimates, 32,153 of the 32,526 depositors will receive full guaranteed deposit returns. For the remaining 373 citizens, the excess of the guaranteed amount will be returned in accordance with the procedure established by law based on the decision of the liquidation commission.
The Deposit Guarantee Agency also stated that "the money will be paid in the prescribed manner and within the established timeframe" and urged not to worry too much.
A short tip: what to do now?
- Rely only on official sources: Follow the announcements of the Central Bank and the Deposit Insurance Agency.
- The procedure for compensation and calculations will be published separately by the agency.
- For detailed information, you can contact the agency's hotline (the number is given in the official press release).
In conclusion: the situation is not pleasant, but not the scenario of "burning money" - the state guarantee mechanism has been activated. The best way to act is to wait for official messages without switching emotions to "panic mode."
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