The Central Bank of Turkmenistan has amended the procedure for providing safe deposit boxes to individuals and legal entities. The corresponding Order No. 25 was signed by the bank's Chairman, T. Malikov, on January 23, 2026, and registered by the Ministry of Justice on March 5, 2026.

Amendments are being made to the Rules governing the operation of the Precious Metals and Precious Stones Fund of the Central Bank of Turkmenistan, which have been in effect since 2021. The changes affect several key aspects.

Firstly, the procedure for concluding a safe deposit box lease agreement has been clarified: it is now expressly stated that the agreement must specifically stipulate the rights, obligations, and responsibilities of the parties, as well as its term. Secondly, a clear requirement for the agreement's execution has been established: it must be drawn up in two identical original copies, one for each party, signed by the Fund's director and the client.

In addition, the reference to a special procedure for registering lease agreements for state property has been removed from the text of the rules, and the wording “(or)” has been added to a number of provisions regarding the personal key, providing the parties with a certain flexibility in identifying access to the cell.

Finally, the procedure for calculating rent for safe deposit boxes has been brought into line with the provisions of the Civil Code of Turkmenistan.

The Deputy Chairman of the Central Bank and the management of the Precious Metals and Precious Stones Fund are responsible for overseeing the implementation of this order.