Finance

TBC Bank Posts 69.7 Billion Soum Loss in Nine Months of 2026

TBC Bank Posts 69.7 Billion Soum Loss in Nine Months of 2026
TBC Bank Posts 69.7 Billion Soum Loss in Nine Months of 2026 / Photo: UzDaily.

Tashkent, Uzbekistan (UzDaily.uz) — TBC Bank reported a net loss of 69.7 billion soums for January–September 2026, compared with a net profit of 30.3 billion soums in the same period a year earlier, according to its published financial statements.

The bank's total income increased by 6.4% year on year to 4.2 trillion soums during the nine-month period.

However, expenses related to provisions for potential credit losses rose by 42.3% to 1.2 trillion soums.

In the third quarter of 2026, TBC Bank recorded a net loss of 357.7 billion soums, compared with a loss of 70.7 billion soums in July–September 2025.

As of 1 October 2026, the bank's loan portfolio stood at 7.7 trillion soums, representing a decline of 28.9% compared with the same date a year earlier.

The share of non-performing loans (NPLs) increased from 4.5% to 13.4%.

TBC Bank's total assets amounted to 13.4 trillion soums at the end of September, down 5.2% year on year.

Meanwhile, the bank's capital increased by 19% to 3 trillion soums.

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.