Uzbekistan

The notification regarding Anorbank shareholder Qahramonjon Olimov, who was placed on the wanted list, has disappeared from the Interpol website

The international wanted notice issued for Anorbank shareholder Kahramonjon Olimov is no longer visible on the International Criminal Police Organization (Interpol) website. The reasons for this remain unknown for now. Earlier, Olimov had submitted an application to step down from the bank's supervisory board.

The notice regarding Anorbank shareholder Qahramonjon Olimov, who was placed on the wanted list on the Interpol website, has disappeared

The "Red Notice" issued in the name of Uzbek entrepreneur and Anorbank shareholder Qahramonjon Olimov is no longer visible on the International Criminal Police Organization (Interpol) website.

The notice had stated that Olimov was born on May 7, 1977, in the Andijan region, is a citizen of Uzbekistan, and speaks Uzbek, Russian, and English.

At the same time, the notice did not specify which country had submitted the request to place the entrepreneur on the international wanted list.

Initially, the public notice contained no information regarding the charges. Later, the crime category appeared as: "Kidnapping, slander, unlawful detention or arrest."

The reasons for the notice's disappearance from the Interpol website are unknown.

Therefore, it cannot be determined whether the international search for the entrepreneur has been called off simply because the notice was removed from the site.

An "Interpol Red Notice" is an international request to locate and provisionally arrest a person. A country asks other states to locate and temporarily detain the individual pending extradition.

On October 9, Anorbank announced that Qahramonjon Olimov had submitted an application on October 2 to resign from the bank's supervisory board.

This matter is planned to be considered at the general meeting of shareholders to be held on October 28.

In addition, at the meeting on October 5, shareholders approved the issuance of additional shares worth 100 billion sum to attract investments, strengthen capital, and eliminate factors that previously affected the bank's credit rating.

"The execution of the capitalization plan should no longer depend on circumstances related to an individual shareholder," Anorbank said in a statement.

On October 8, international rating agency Fitch Ratings downgraded Anorbank's long-term rating from CCC+ to CCC due to uncertainties surrounding capital replenishment against the backdrop of the situation with Qahramonjon Olimov. The rating was also placed on Rating Watch Negative for a potential further downgrade.

The bank stated that it continues to operate normally, fulfill its obligations to clients, and ensure the uninterrupted operation of main services.

According to Anorbank's financial report for the nine months of 2026, the bank earned a net profit of almost 105 billion sum. As of the end of September, its assets amounted to 20.32 trillion sum, compared to 18.74 trillion sum at the beginning of the third quarter. The bank's loan portfolio reached 13.08 trillion sum, equity capital stood at 1.51 trillion sum, and the volume of client deposits reached 15.23 trillion sum.

According to previously published data from the Single State Register of Enterprises and Organizations, 49.4% of Anorbank's shares belonged to Olimov, 50% to the Dutch company Bekamin B.V., and 0.6% to the Kapital Sug’urta insurance company.

On September 18, publication The Insider, citing a source close to Qahramonjon Olimov, reported that the entrepreneur was arrested in absentia in Uzbekistan and put on the international wanted list as part of a criminal case involving kidnapping.

According to the publication's source, this case may be linked to an old financial dispute between Olimov and his former employer — Botir Rahimov, the founder of Kapitalbank, where the entrepreneur previously worked as chairman of the board and held a stake of over 36%.

The Insider noted that Olimov is suspected of organizing Rahimov's kidnapping to force him to drop financial claims.

Uzbekistan's law enforcement agencies have not officially confirmed this information nor disclosed the details of the alleged criminal case.

Following reports of the international search, Anorbank stated that the disseminated information pertains to the personal affairs of one of the shareholders and is not related to the bank's capital, management, or operational activities.

The Central Bank also announced that Anorbank continues to operate normally and fulfill its obligations to clients.

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