Tashkent, Uzbekistan (UzDaily.uz) — Total assets of Uzbekistan’s commercial banks reached 1,025.8 trillion soums as of 1 September 2026, increasing by 18.8%, or 162.6 trillion soums, year-on-year.
Investments and securities recorded the fastest growth, more than doubling from 75.5 trillion to 152.7 trillion soums, according to the Central Bank of the Republic of Uzbekistan.
The share of investments and securities in banks’ total assets rose from 8.8% to 14.9%. Net loans remained the largest asset category at 627.8 trillion soums, although their share declined from 65.2% to 61.2%.
Funds held with resident banks fell by 22.9% to 30.1 trillion soums, while funds held with non-resident banks decreased by 6% to 44.6 trillion soums. Funds due from the Central Bank increased by 2.3% to 31.6 trillion soums, while cash holdings rose by 7.5% to 29.1 trillion soums. Accrued interest receivable increased by 41.8% to 37.8 trillion soums.
Foreign-currency assets totalled 345.2 trillion soums. Their share of total assets fell from 39% to 33.7% over the year.
The nine banks with state ownership held assets totalling 628.3 trillion soums, up 11.6% year-on-year. Assets at the other banks grew by 32.5% to 397.5 trillion soums, increasing their share of the banking system to 38.8%.
UzNatsbank remained the largest bank, with assets of 142.8 trillion soums, accounting for 13.9% of the sector. Agrobank’s assets rose to 126.3 trillion soums, while Uzpromstroybank’s reached 101.8 trillion soums. Together, the three largest banks accounted for around 36% of total banking assets. The top five also included Asaka Bank, with 63.8 trillion soums, and Kapitalbank, with 62.6 trillion soums.
Among the banks reporting notable growth were Octobank, whose assets increased from 5.4 trillion to 18.8 trillion soums over the year, and Uzum Bank, which expanded its assets from 1.4 trillion to 4 trillion soums.
Twelve banks each had assets exceeding 30 trillion soums, together accounting for 78.5% of the sector’s total assets. Ten banks held between 10 trillion and 30 trillion soums in assets, seven had between 3 trillion and 10 trillion soums, and six had assets of less than 3 trillion soums.
