Tashkent, Uzbekistan (UzDaily.uz) — The total assets of pawnshops in Uzbekistan reached 973.7 billion soums as of 1 September 2026, up 49.5% from 651.1 billion soums on 1 September 2025.
The sector’s capital increased by 41.2% to 724.7 billion soums, while liabilities rose by 80.8% to 249 billion soums, according to the Central Bank of Uzbekistan.
As of the reporting date, 90 pawnshops were operating in the country, compared with 91 a year earlier.
Assets
Pawnshop assets increased by 322.6 billion soums over the year. Assets grew at 63 of the 87 pawnshops for which data were available for both years, while they declined at 24.
Hurma Lombard remained the largest pawnshop by assets. Its assets increased 2.8-fold, from 66.6 billion to 188 billion soums, accounting for 19.3% of the sector’s total. Hurma Lombard contributed 37.6% of the annual increase in assets across all pawnshops.
The top five also included Hashamatli Chinor, with assets of 67.3 billion soums; Chinara Biznes Kredit, with 60.2 billion soums; Maximum, with 45.7 billion soums; and Stolichniy Kredit, with 37.9 billion soums. The five largest pawnshops accounted for 41% of sector assets, while the top 10 held about 56%.
Twenty-one pawnshops had assets exceeding 10 billion soums, together accounting for 73.8% of the sector’s total. Another 21 organisations had assets ranging from 5 billion to 10 billion soums, 29 held between 2 billion and 5 billion soums, and 18 had less than 2 billion soums. The 71 pawnshops with assets exceeding 2 billion soums held a combined 952.5 billion soums, or 97.8% of the sector’s total.
Among pawnshops with assets exceeding 10 billion soums, Zoloto recorded the strongest growth, with its assets increasing 2.9-fold to 30.5 billion soums.
Credit Flex’s assets rose 95.7% to 12.8 billion soums, while Navoiy Plus recorded an increase of 97.9% to 10.5 billion soums.
Classic Lombard’s assets increased 2.9-fold to 3.5 billion soums, while Davr Lombard’s rose 2.1-fold to 1.8 billion soums. The largest declines were recorded by Bilol Daromad, down 31.8% to 2.6 billion soums; Oqtepa Capital, down 24.9% to 1.6 billion soums; and Kibray-Kredit, down 22.1% to 2.5 billion soums.
Loans
The pawnshops’ net loan portfolio increased by 32.9%, from 534.8 billion to 710.7 billion soums. Lending grew at 55 of the 87 pawnshops and declined at 32.
Hurma Lombard’s net loans totalled 103.8 billion soums, up 88.3%, accounting for 14.6% of the sector’s loan portfolio. It was followed by Hashamatli Chinor, with 51 billion soums; Chinara Biznes Kredit, with 45.5 billion soums; Maximum, with 35 billion soums; and Stolichniy Kredit, with 31.6 billion soums. The five largest pawnshops accounted for 37.6% of the total loan portfolio.
The 67 pawnshops with loans exceeding 2 billion soums held a combined 689.4 billion soums, or 97% of all loans in the sector.
Liabilities and bank borrowings
Pawnshop liabilities increased from 137.8 billion to 249 billion soums. Borrowings, loans and leasing accounted for 205.4 billion soums, or 82% of total liabilities. Liabilities rose at 47 pawnshops and declined at 40.
Funds borrowed by pawnshops from banks increased 2.7-fold, from 20 billion to 54.3 billion soums. As of 1 September 2026, 21 pawnshops had bank borrowings, compared with 17 a year earlier.
Hurma Lombard’s liabilities increased 3.2-fold, from 39.4 billion to 124.8 billion soums, accounting for 50.1% of the sector’s total. Its funds borrowed from banks rose 4.8-fold to 37.6 billion soums, representing 69% of all bank borrowings by pawnshops. It was followed by Maximum, with 3.2 billion soums in bank borrowings; Tillo Lombard, with 2.9 billion soums; and Stolichniy Kredit, with 2.4 billion soums.
Besides Hurma Lombard, the largest liabilities were recorded by Chinara Biznes Kredit, at 17.5 billion soums; Maximum, at 15.8 billion soums; Hashamatli Chinor, at 11.9 billion soums; and Credit Flex, at 7.1 billion soums. Fifteen pawnshops with liabilities exceeding 2 billion soums accounted for a combined 220.6 billion soums, or 88.6% of sector liabilities. Liabilities at 67 pawnshops did not exceed 1 billion soums.
Zoloto’s liabilities fell from 16.9 billion to 350 million soums.
Capital
The combined capital of pawnshops increased from 513.3 billion to 724.7 billion soums. Capital grew at 61 pawnshops and declined at 26. The sector’s authorised capital rose 44.4%, from 156 billion to 225.3 billion soums. Eighteen pawnshops increased their authorised capital.
As of 1 September 2025, Zoloto had negative capital of 6.4 billion soums. By 1 September 2026, its capital had reached 30.1 billion soums. Zoloto’s authorised capital increased from 500 million to 37.1 billion soums, the largest amount among all pawnshops.
Hurma Lombard’s capital increased 2.3-fold to 63.2 billion soums, while its authorised capital rose 2.4-fold to 35.9 billion soums. Maximum increased its authorised capital from 7.5 billion to 11.5 billion soums, Norik-Credit from 3 billion to 5 billion soums, and Classic Lombard from 800 million to 2 billion soums.
Fifty-one pawnshops with capital exceeding 3 billion soums held 92.3% of the sector’s total capital. A year earlier, there were 44 such pawnshops, accounting for 88% of the total. Twelve pawnshops had capital of less than 1 billion soums, while 27 had between 1 billion and 3 billion soums.
Eight pawnshops had authorised capital exceeding 3 billion soums, accounting for 62.2% of the sector’s total authorised capital.
A year earlier, there were seven such organisations, accounting for 49% of the total. Forty-two pawnshops had authorised capital ranging from 1 billion to 3 billion soums, representing 26.8% of the sector’s total, while 40 had less than 1 billion soums, accounting for 11%.
