Ipoteka bank OTP Group Launches Private Banking in Uzbekistan
03.11.2026

Ipoteka bank OTP Group Launches Private Banking in Uzbekistan

Tashkent, 3 November 2026 — Ipoteka bank OTP Group has launched its Private Banking offering in Uzbekistan, providing eligible clients with personalised banking services, tailored financial solutions, dedicated relationship management and a range of additional privileges. The new offering draws on OTP Group’s nearly three decades of Private Banking experience and has been tailored to the local market in Uzbekistan.


Private Banking is a dedicated service model designed for clients with more complex financial needs who seek personalized support in managing, preserving and growing their wealth. It typically combines banking, investment and advisory services, and dedicated relationship management to support clients in working towards their long-term financial goals.

The launch of private banking services marks an important milestone in Ipoteka bank’s development and brings a new level of personalized banking to eligible clients through preferential banking terms, dedicated relationship management, access to a dedicated Private Banking office and additional privileges.

“The launch of Private Banking marks an important milestone in the development of Ipoteka b`ank OTP Group and the advancement of exclusive banking services in Uzbekistan. For us, this is not simply about introducing a new business line, but about continuously enhancing the client’s experience in line with the Group’s international standards. We are confident that combining OTP Group’s expertise with Ipoteka bank’s local market knowledge and capabilities will enable us to create long-term value for our clients and contribute to the continued development of the premium banking segment in Uzbekistan,” said Ádám Szentpéteri, Chairman of the Management Board of Ipoteka bank OTP Group.

“We see growing demand among entrepreneurs, business owners and senior executives for personalized banking services. These clients are looking not only for financial products, but also for convenient access to banking services, preferential terms and a consistent relationship with their bank. Ipoteka bank’s Private Banking responds to these expectations through a dedicated service model that combines individual attention with a high standard of service” said Ruslan Lapin, Head of Private Banking Department Ipoteka bank OTP Group.


Dedicated relationship management and preferential banking terms

A dedicated advisor serves as the client’s primary point of contact, coordinates their requests and helps them access the products and services available within Ipoteka bank’s Private Banking offering.

Clients can benefit from personalized financial solutions, individual deposit terms, preferential fees for banking transactions, special foreign exchange conversion terms, consultations on financial instruments.

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

Clients are served at a dedicated Private Banking office in Tashkent, designed in line with OTP Group’s international standards and featuring a private meeting rooms for personalized service and confidential consultations.


Exclusive card benefits and additional privileges

Eligible clients can access a range of lifestyle and travel privileges linked to exclusive payment cards and provided in cooperation with the relevant card schemes and service partners. Depending on the selected card and the applicable terms, these may include concierge services, travel insurance, airport Fast Track services, business-class transfers, access to airport lounges through the DragonPass programme, and special offers from international and local partners. 

“For OTP Group, launching Private Banking in Uzbekistan is first and foremost about creating new opportunities for our local clients and contributing to the further development of wealth management services available in the country. Together with our Uzbek colleagues, we have combined local market knowledge with the experience and expertise OTP Group has gained across European markets to establish a private banking offering tailored to the expectations of clients in Uzbekistan. We are delighted to have reached this first milestone together. This close cooperation creates a strong foundation for supporting our clients with a growing range of personalized investment solutions and dedicated professional support,” said Attila Bánfi, Managing Director, Global Markets, OTP Group.


Location and eligibility

The Private Banking office is located at 35 Mirobod Street, Tashkent.

Clients are eligible for Private Banking services if they hold total assets of at least UZS 750 million (equivalent to EUR 50,000) or have a regular monthly income of at least UZS 75 million (equivalent to EUR 5,000).

For more information about the service terms and eligibility requirements, please visit the official Ipoteka bank website or contact the bank’s Contact Centre at +998 (78) 150-18-88. 


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Last updated: 03.11.2026