Tashkent, Uzbekistan (UzDaily.uz) — The total assets of microfinance organisations in Uzbekistan reached 20.8 trillion soums as of 1 September 2026, nearly 1.9 times the 11.1 trillion soums recorded on the same date last year.
The portfolio of loans and microleasing increased over the year from 8.8 trillion to 18.1 trillion soums, according to the Central Bank of Uzbekistan.
As of the reporting date, 141 microfinance organisations were operating in the country. Loans and microleasing accounted for about 87% of their total assets, with growth in the loan portfolio remaining the main driver of the sector’s expansion, according to the central bank.
The combined capital of microfinance organisations rose by 57% year on year, from 2.8 trillion to 4.4 trillion soums. Their authorised capital stood at 2.17 trillion soums as of 1 September.
The sector’s liabilities grew even faster, increasing by 138% from 6.9 trillion to 16.3 trillion soums. Borrowings, loans and leasing accounted for about 80% of liabilities, or 13.1 trillion soums. According to the central bank, this reflects the growing role of external financing as the industry expands.
Data broken down by asset size indicate a high degree of market concentration. The 82 organisations with assets exceeding 10 billion soums held 20.53 trillion soums, or 98.9% of the sector’s total assets. They also accounted for more than 99% of loans and microleasing, totalling 17.95 trillion soums, as well as 4.26 trillion soums in capital and 16.27 trillion soums in liabilities.
The group of organisations with assets ranging from 5 billion to 10 billion soums comprised 20 entities with combined assets of 142.9 billion soums. Their loan portfolio totalled 92.7 billion soums, capital amounted to 89.6 billion soums, and liabilities stood at 53.3 billion soums.
Another 39 organisations had assets of less than 5 billion soums. Their combined assets totalled 92.6 billion soums, while loans and microleasing amounted to 41.4 billion soums and capital reached 79.4 billion soums.
The liabilities of this group were relatively small, at 13.3 billion soums, of which 10.1 billion soums consisted of borrowings, loans and leasing.
