Deposit guarantee
Every deposit is guaranteed
In September 19th, 2002 the Deposit Assurance Fund of citizens in the banks of the Republic of Uzbekistan was created and its provision was approved. The aim of the Fund’s activities, likewise in many countries, is guaranteeing compensations of refunds of citizens’ deposits in the banks in case of revocation of the bank’s license to conduct banking operations.
All deposits of individuals in JSCB "Tenge Bank" are protected by the Deposit Assurance Fund of citizens in the banks of the Republic of Uzbekistan. This means that payments on deposits are guaranteed by the government.
According to the law of the Republic of Uzbekistan “On guarantees of protection of deposits of citizens in banks” providing compensation on deposits of citizens in JSCB "Tenge Bank" are guaranteed in complete volume.