"Our nation expects us to eradicate corruption."
— Shavkat Mirziyoyev, President of the Republic of Uzbekistan

Dear Citizens,

Under the leadership of the esteemed President Shavkat Mirziyoyev, the Republic of Uzbekistan enacted the Law "On Conflict of Interest," further strengthening the legal framework to prevent and resolve conflicts of interest—one of the key contributors to corruption.

In recent years, combating corruption and preventing conflicts of interest have become priorities of Uzbekistan's state policy. This commitment is reflected in numerous regulatory acts adopted to strengthen anti-corruption efforts.

The effectiveness of these reforms is evident in the annual improvement of Uzbekistan's international rankings on corruption control.

At JSCB "Business Development Bank," we are implementing a comprehensive set of measures aimed at preventing corruption, identifying and eliminating its causes and conditions, and establishing an effective prevention system using international methodologies. These efforts enhance the bank’s management processes.

Under the guidance of our compliance control unit, which coordinates anti-corruption activities, the bank focuses on:

• Ensuring transparency in hiring and procurement processes,

• Preventing conflicts of interest,

• Conducting anti-corruption reviews of regulatory documents, and

• Identifying, assessing, and mitigating corruption risks in operational functions.

Priority is given to introducing an automated monitoring and control system for all processes. Reducing human involvement in client services and advancing digitization are also key objectives in our fight against corruption.

I urge you, our valued citizens and clients, to report any unlawful actions, violations, or corruption cases you may witness. The JSCB "Business Development Bank" has established dedicated communication channels for addressing such issues.

Your reports will be reviewed in accordance with legal procedures and timelines, and appropriate measures will be taken if corruption is confirmed.

Finally, I call on every leader and employee within the banking system to adopt a zero-tolerance stance against corruption and to perform their duties with integrity. The confidentiality of your reports is guaranteed by the bank.