Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan issued 20.9 trillion soums in mortgage loans to citizens in January–September 2026, an increase of 39% compared with the same period last year, according to the Ministry of Economy and Finance.
The total was 5.9 trillion soums higher than in the first nine months of 2025. A total of 67,598 people received mortgage loans during the reporting period.
The amount issued accounted for 91% of the 2026 target, which envisages providing 23 trillion soums in mortgage financing.
The programme is funded through three sources: 12.2 trillion soums from the state budget, 7.8 trillion soums from commercial banks' own funds and 3 trillion soums from the Uzbekistan Mortgage Refinancing Company.
Of the loans issued since the beginning of the year, 12.8 trillion soums, or 61%, were financed through the state budget. Commercial banks accounted for another 6.1 trillion soums, or 29%, while the Uzbekistan Mortgage Refinancing Company provided 2 trillion soums, representing 10% of the total.
The primary housing market received 15.5 trillion soums in mortgage financing during the nine-month period.
The number of mortgage loans issued for primary-market housing purchases increased from 37,000 in January–September 2025 to 49,800 in the same period of 2026.
On the secondary housing market, mortgage lending reached 5.2 trillion soums, up 28% year on year.
As of 1 October 2026, mortgage subsidies paid out under the programme totalled 1,208.1 billion soums.
Of this amount, 800.3 billion soums, or 66%, was allocated to compensate borrowers for interest payments on mortgage loans.
The remaining 407.8 billion soums, representing 34% of the total, was provided to 13,722 citizens to cover down payments on home purchases.
