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Finance

Hamkorbank’s Nine-Month Profit Rises 16.8% to 1.5 Trillion Soums

Hamkorbank’s Nine-Month Profit Rises 16.8% to 1.5 Trillion Soums
Hamkorbank’s Nine-Month Profit Rises 16.8% to 1.5 Trillion Soums

Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan’s Hamkorbank reported nearly 1.5 trillion soums in net profit for January–September 2026, an increase of 16.8% from the same period last year, according to financial statements cited by investment bank Kapdepo.

The bank’s assets grew by 36.7% to 44.4 trillion soums, Kapdepo said, citing Hamkorbank’s financial disclosures published on the corporate information portal openinfo.uz.

In the third quarter, from July to September, Hamkorbank’s net profit reached 510.5 billion soums, up 10.7% year-on-year. Total income for the first nine months increased by 28.8% to 9 trillion soums.

The bank’s capital rose by 30.6% to 8.2 trillion soums. Its allowance for potential loan losses increased by 2.5% to 530.2 billion soums.

Hamkorbank’s loan portfolio stood at 30.8 trillion soums at the beginning of September 2026, placing it third among Uzbekistan’s private banks by this measure. Non-performing loans accounted for 1.4% of its portfolio.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.