Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan’s 12 commercial banks with assets exceeding 30 trillion soums held 821.9 trillion soums as of 1 October 2026, accounting for nearly 79% of the banking system’s total assets. The country has 35 banks, with combined assets of 1,044.8 trillion soums, according to the Central Bank of Uzbekistan.
Another 11 banks, with assets ranging from 10 trillion to 30 trillion soums, held 181.5 trillion soums. The remaining 12 banks, each with assets of less than 10 trillion soums, collectively held 41.4 trillion soums. Six banks with assets of between 3 trillion and 10 trillion soums accounted for 34.2 trillion soums, while six smaller banks with assets below 3 trillion soums held 7.2 trillion soums.
Concentration is even higher in lending. Of the banking system’s 659.1 trillion soums in loans, the largest group of banks accounted for 539.4 trillion soums, or nearly 82%. The same group generated more than two-thirds of the sector’s net profit — 10.3 trillion soums out of 15.3 trillion soums — and held around 73% of household deposits.
Long-term loans account for nearly 89% of the total loan portfolio, at 583.5 trillion soums, compared with 75.6 trillion soums in short-term loans. Loans issued in the national currency totalled 406.8 trillion soums, or 62% of the portfolio, while foreign-currency loans amounted to 252.3 trillion soums, or 38%. Lending to legal entities reached 410.7 trillion soums, while loans to individuals totalled 248.4 trillion soums.
The share of foreign-currency loans varies considerably across bank groups. It exceeds 40% among banks with assets of more than 30 trillion soums, while it stands at around 17% among the smallest banks.
Total deposits reached 501 trillion soums. Of this amount, 309.4 trillion soums, or 62%, came from legal entities, while household deposits accounted for 191.6 trillion soums, or 38%.
The banking system’s total capital stood at 152.9 trillion soums, with a capital adequacy ratio of 18.2%. Return on assets (ROA) was 2.4%, while return on equity (ROE) stood at 14.1%.
The highest profitability indicators were recorded by banks with assets of between 3 trillion and 10 trillion soums, whose ROA reached 5.3% and ROE 23.7%. For banks with assets of between 10 trillion and 30 trillion soums, the respective figures were 3.7% and 20.8%. Among the largest banks, ROA stood at 2% and ROE at 12.3%.
Banks with assets below 3 trillion soums were the least profitable, with ROA of 1% and ROE of 2%. Their combined profit amounted to 39 billion soums. At the same time, this group had the highest capital buffer, with a capital adequacy ratio of 27.2%. The largest banks recorded the lowest ratio among the groups, at 17.6%.
According to the Central Bank, the data indicate a high share of long-term loans in banks’ portfolios and a significant proportion of deposits from legal entities in the banking system’s deposit base.
