Economics

Ipoteka Bank OTP Group is launching a Private Banking service in Uzbekistan

Tashkent, November 3, 2026 — Ipoteka Bank OTP Group has launched its Private Banking business line in Uzbekistan. Clients meeting the established criteria are provided with personal banking services, individual financial solutions, a personalized approach, and a range of additional privileges. The new direction draws on OTP Group's nearly 30 years of experience in Private Banking and takes into account the specific characteristics of the Uzbekistan market.

**Ipoteka Bank OTP Group Launches Private Banking Service in Uzbekistan**

Tashkent, November 3, 2026 — Ipoteka Bank OTP Group has launched its Private Banking division in Uzbekistan. Clients meeting the specified criteria will be offered personal banking services, individual financial solutions, a personalized approach, and a range of additional privileges. Relying on OTP Group’s nearly 30 years of experience in Private Banking, the new division also takes into account the specific characteristics of the Uzbek market.

Private Banking is a specialized form of service designed for clients with more complex financial needs, where personal assistance is essential for managing, preserving, and growing capital. Typically, this format helps clients achieve their long-term financial goals by combining banking and investment services, advisory, and a personalized approach.

The launch of the Private Banking division marks an important milestone in the development of Ipoteka Bank. It brings personal banking services for qualifying clients to a new level through favorable terms, an individual approach, access to services at a dedicated Private Banking office, and additional advantages.

“The launch of Private Banking is a significant milestone in the development of Ipoteka Bank OTP Group and exclusive banking services in Uzbekistan. For us, this is not just opening a new business line, but continuously improving the quality of customer service in accordance with the Group’s international standards. We are confident that combining OTP Group’s expertise with knowledge of the local market and Ipoteka Bank’s capabilities will allow us to bring value to our clients in the long term and contribute to the further development of the premium banking segment in Uzbekistan,”

said Adam Szentpéteri, Chairman of the Management Board of Ipoteka Bank OTP Group.

“We observe a growing demand for personal banking services among entrepreneurs, business owners, and top executives. These clients require not only financial products, but also convenient access to banking services, favorable terms, and a stable relationship with their bank. Private Banking at Ipoteka Bank fully meets these requirements thanks to a separate service model that embodies an individual approach and a high level of service,”

said Ruslan Lapin, Head of the Private Banking Department at Ipoteka Bank OTP Group.

### Personal Support and Favorable Banking Conditions

A personal advisor serves as the client’s main point of contact at the bank, coordinating processes according to their requests and assisting in the use of products and services provided within the framework of Ipoteka Bank’s Private Banking division.

Clients will be offered individual financial solutions and terms on deposits, favorable tariffs for banking transactions, special terms for currency conversion, and consultations on financial instruments.

The offer also includes premium Visa Infinite and Uzcard Sherdor payment cards.

Clients will be served at a dedicated Private Banking office in Tashkent, established in accordance with OTP Group’s international standards. The office features separate meeting rooms for individual service and confidential consultations.

### Exclusive Card Privileges and Additional Benefits

For clients who meet the established criteria, exclusive payment cards provide a range of lifestyle and travel privileges. These benefits are offered in cooperation with relevant payment systems and service partners. Depending on the selected card and current terms, they may include concierge services, travel insurance, Fast Track services at airports, business-class transfers, access to airport business lounges under the DragonPass program, as well as special offers from international and local partners.

“For OTP Group, launching Private Banking in Uzbekistan primarily means creating new opportunities for our local clients and contributing to the further development of capital management services in the country. Together with our Uzbek colleagues, we have combined local market knowledge with the rich experience and expertise accumulated by OTP Group in European markets to develop a Private Banking offer tailored to the needs of clients in Uzbekistan. We are pleased to have achieved this first major result together. Such close cooperation creates a solid foundation for working with our clients, allowing us to offer them an even wider range of individual investment solutions and personal expert support,”

said Attila Bánfi, Managing Director for Global Markets at OTP Group.

### Office Address and Service Terms

The Private Banking office is located at the following address:

35 Mirabad Street, Tashkent City.

Clients with total assets of at least 750 million UZS (equivalent to 50,000 euros) or a regular monthly income of at least 75 million UZS (equivalent to 5,000 euros) can access Private Banking services.

Detailed information regarding service terms and client requirements can be obtained on the official website of Ipoteka Bank or through the bank's contact center at +998 (78) 150-18-88.

Ipoteka Bank OTP Group is one of the leading banks in Uzbekistan, forming part of the international OTP Group banking network. Today, the bank serves over 3.87 million clients across the country. As of August 1, 2026, the bank ranks 7th in the banking sector of Uzbekistan in terms of asset size. Ipoteka Bank holds a leading position in terms of retail loan portfolio size and maintains a strong position in the mortgage lending market. Ipoteka Bank OTP Group also holds a leading position in the banking sector of Uzbekistan according to the Net Promoter Score (NPS). The Ipoteka Bank network covers more than 90 branches and service points across the country. The bank provides a wide range of financial services to individual and corporate clients, including mortgage, consumer, and auto loans, deposits, microloans, as well as corporate and digital banking services. Since 2023, Ipoteka Bank has been part of the international OTP Group banking network.

### About OTP Group

OTP Group is one of the fastest-growing and leading independent banking groups in Central and Eastern Europe, distinguished by a stable position in terms of high profitability, capital, and liquidity. The Group provides universal financial services to nearly 17.5 million clients and operates in 11 countries across Central and Eastern Europe as well as Central Asia, bringing together approximately 41,000 employees. OTP Group is headquartered in Hungary. Shares of OTP Bank have been traded on the Budapest Stock Exchange since 1995, and the group's ownership structure is diversified and transparent.

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