Tashkent, Uzbekistan (UzDaily.uz) — Deposits held by Uzbekistan’s commercial banks reached 487.6 trillion soums as of 1 September 2026, up 34.1%, or 123.9 trillion soums, from a year earlier, according to the Central Bank of the Republic of Uzbekistan. Deposits recorded the fastest growth among the banking sector’s main indicators.
Deposits in the national currency increased by 41.1% to 396.1 trillion soums, while foreign-currency deposits rose by 10.3% to 91.5 trillion soums. As a result, the share of foreign-currency deposits fell from 22.8% to 18.8%.
Short-term deposits with maturities of up to one year recorded the fastest growth, rising by 42.6% to 177.8 trillion soums. Their share of total deposits increased to 36.5%. Long-term deposits grew by 26% to 166.9 trillion soums, although their share declined from 36.4% to 34.2%. Demand deposits totalled 143 trillion soums, accounting for 29.3% of the total.
Corporate deposits amounted to 297.7 trillion soums, or 61.1% of the total deposit base, while deposits held by individuals reached 189.9 trillion soums, representing 38.9%.
Deposits at banks with state ownership rose by 31.7% to 248.7 trillion soums. Deposits at other banks increased by 36.7% to 238.9 trillion soums.
The National Bank of Uzbekistan ranked first by deposit volume, with 57.1 trillion soums. Kapitalbank placed second with 48.8 trillion soums, accounting for 10% of the banking system’s total deposits. It was followed by Agrobank with 44.4 trillion soums, Uzpromstroybank with 36.4 trillion soums and Xalq Bank with 31.5 trillion soums.
Kapitalbank and Agrobank held the largest volumes of individual deposits, at 29.1 trillion soums and 23.8 trillion soums, respectively.
Some banks recorded particularly sharp increases over the year. Octobank’s deposits rose from 3.7 trillion soums to 16.7 trillion soums, while deposits at Uzum Bank increased from 136 billion soums to 1.35 trillion soums.
Most deposits were concentrated in Tashkent, which accounted for 370.8 trillion soums, or 76% of the national total. Among the regions, the largest deposit balances were recorded in Samarkand Region, at 14.7 trillion soums, Bukhara Region, at 13.8 trillion soums, and Khorezm Region, at 13 trillion soums.
The banking system’s loan-to-deposit ratio declined from 1.6 to 1.33. The ratio stood at 1.69 for banks with state ownership and 0.95 for other banks.
