Share of Non-Performing Loans in Uzbekistan’s Banking Sector Falls to 3%

Tashkent, Uzbekistan (UzDaily.com) — By the end of 2025, the loan portfolio of Uzbekistan’s banking sector grew by 13.3%, exceeding 604 trillion soums (approximately US$50.3 billion).

At the same time, the share of non-performing loans (NPLs) decreased from 4.0% to 3.0%, according to data from the Central Bank.

In state-owned banks, the NPL ratio fell over the year from 3.9% to 3.2%, while in private banks it declined from 4.1% to 2.6%. Reductions in NPLs were observed across all major players in the sector.

At Ipoteka Bank, the ratio dropped from 10.2% to 3.5%, at Hamkorbank from 1.7% to 0.8%, and at Garant Bank from 14.8% to 4.9%. At Ipak Yuli Bank, NPLs fell from 1.5% to 1.1%, at Uzpromstroybank from 2.8% to 2.5%, at Bank of Business Development from 8.5% to 4.5%, while at Alokabank the ratio increased from 1.9% to 2.5%.

Among other banks, significant reductions in problem loans occurred at AVO Bank — from 12.5% to 8.2%, at Asaka — from 4.5% to 3.6%, at Agrobank — from 4.9% to 3.3%, at National Bank — from 4.2% to 3.1%, at Kapitalbank — from 4.5% to 2.8%, and at Uznatsbank — from 3.0% to 2.8%.

At the same time, some banks recorded an increase in NPLs. The share of non-performing loans rose at TBC Bank from 2.1% to 5.7%, at Anor Bank from 2.4% to 4.7%, at Turon Bank from 2.8% to 3.4%, at Davr Bank from 1.9% to 3.2%, and at InFinBank from 1.4% to 2.5%.