Tashkent, Uzbekistan (UzDaily.uz) — Non-performing loans (NPLs) at commercial banks in Uzbekistan totalled 25.04 trillion soums as of 1 October 2026, accounting for 3.8% of the banking sector’s total loan portfolio of 659.1 trillion soums, according to the Central Bank of Uzbekistan.
At banks with state ownership, NPLs amounted to 16.9 trillion soums, or 3.98% of their loan portfolios. At other banks, they totalled 8.1 trillion soums, representing 3.47% of loans issued.
The largest volumes of non-performing loans were concentrated at the country’s major state-owned banks. Agrobank reported 3.18 trillion soums in NPLs, equal to 3.3% of its portfolio, while UzNationalBank recorded 3.11 trillion soums, or 3%.
Microcreditbank ranked third, with 2.74 trillion soums in non-performing loans, equivalent to 11.4% of its total lending.
Other banks with large NPL volumes included Uzpromstroybank, with 1.79 trillion soums (3%); Asaka Bank, with 1.61 trillion soums (4.1%); Xalq Bank, with 1.59 trillion soums (4.1%); and Business Development Bank, with 1.53 trillion soums (5.8%).
Mortgage Bank reported 1.24 trillion soums in NPLs, or 3.3% of its portfolio. The figures for Anor Bank and Kapitalbank were 1.18 trillion soums (9%) and 1.11 trillion soums (2.8%), respectively.
Madad Invest Bank had the highest NPL ratio: 254.8 billion soums out of a total loan portfolio of 586.8 billion soums, or 43.4%.
Other banks with double-digit NPL ratios included Poitakht Bank at 13.8%, TBC Bank at 13.4% and Microcreditbank at 11.4%. The ratio was around 9% at Anor Bank, 6.9% at AVO Bank and 6.1% at Garant Bank.
UzKDB Bank and Octobank reported no non-performing loans. NPL ratios were below 1% at Uzum Bank, Apex Bank, Open Bank and Tayanch Microfinance Bank.
Among large and medium-sized banks, Hamkorbank had the lowest NPL ratio, at 1.5%, followed by Ipak Yuli Bank at 1.7% and Invest Finance Bank at 2.3%.
The banking sector’s income and expenditure report showed that estimated potential losses on loans and leasing totalled 24.9 trillion soums as of 1 October 2026, up 34% from 18.6 trillion soums a year earlier.
