Banking Assets in Uzbekistan Rise to 866.8 Trillion Soums

Tashkent, Uzbekistan (UzDaily.com) — Uzbekistan’s banking system continues to show steady growth across key indicators.

According to the Central Bank, as of 1 October 2025, total assets of commercial banks reached 866.8 trillion soums, up 17% year-on-year (20% in real terms).

Of the total assets, 332.9 trillion soums are held in foreign currency, accounting for 38% of total assets, down from 43% a year earlier. The decline in the foreign currency share reflects the ongoing dedollarization of the banking sector.

The banks’ loan portfolio increased to 582.2 trillion soums from 515.6 trillion soums a year ago. Of this, 228.7 trillion soums were issued in foreign currency (39% of the total). In nominal terms, loans grew by 13%, and adjusted for devaluation — by 15%.

Deposits in the banking system rose from 286.9 trillion soums to 371.5 trillion soums, a 29% increase (31% in real terms). Foreign currency deposits amounted to 83.7 trillion soums, or 23% of total deposits, down from 27% a year earlier.

Total bank capital reached 130.4 trillion soums, up 19% year-on-year.