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Ipoteka Bank Official Statement Regarding Recent Speculations

Posted by: 6 september, 2024

Tashkent, 06.09.2024 — In light of recent rumors circulating online regarding the potential sale of buildings housing Ipoteka Bank’s head office and branches, we would like to categorically refute these claims. These assertions are entirely unfounded, and Ipoteka Bank has no intention of selling any of its property or building complexes.

Ipoteka Bank remains fully committed to preserving and developing its infrastructure in line with our long-term growth strategy and operational goals. Our focus continues to be on delivering exceptional services to our clients while contributing to the advancement of the national banking sector. The bank’s assets, including its buildings, are critical to achieving these objectives, and we continue to manage them prudently in accordance with our strategic plans.

Additionally, regarding recent speculations about changes in Ipoteka Bank’s share structure, we would like to clarify that the process is proceeding according to the agreement between the Ministry of Economy and Finance and OTP Bank Plc. as part of the initial deal between both parties.

We value the interest shown in our operations and remain committed to keeping our stakeholders informed of any significant developments.

Ipoteka Bank stands as one of Uzbekistan's key financial institutions, playing a pivotal role in advancing the nation's economy. As the market leader in both mortgage solutions and retail credit services, we are committed to driving financial growth and empowering individuals and businesses across the country.