NBU Remains Uzbekistan’s Largest Bank with 139.9T Soums Assets

Tashkent, Uzbekistan (UzDaily.com) — As of 1 March 2026, the total assets of Uzbekistan’s banking system reached 932.3 trillion soums, according to data from the Central Bank of Uzbekistan. State-owned banks continue to dominate the sector, holding 590.6 trillion soums, or 63% of total industry assets, while private and foreign institutions account for the remaining 37%, totaling 341.7 trillion soums and showing sustained competitive growth.

NBU maintains its position as the largest bank in the country with assets of 139.9 trillion soums, representing a 15% market share. Following are Agrobank with 107.5 trillion soums (12%) and Uzpromstroybank with 102.6 trillion soums (11%). Together, the three state-owned banks control 38% of the system’s total assets, highlighting significant market concentration.

Asaka Bank (62.9 trillion soums) and Народный банк (People’s Bank) (53.9 trillion soums) complete the top five among state financial institutions.

Among private banks, Kapital Bank (56.5 trillion soums, 6%) and Ipoteka Bank (54.6 trillion soums, 6%) are approaching the asset levels of some state banks. Hamkor Bank (38.4 trillion soums) and Ipak Yuli Bank (28.1 trillion soums) also hold notable positions within the non-state segment.

At the lower end of the spectrum, Saderat Bank with 612 billion soums and Madad Invest Bank with 1.1 trillion soums illustrate a substantial disparity between large and small players in Uzbekistan’s banking market.