Finance

Uzpromstroybank’s Profit Falls 12.9% in Nine Months

Uzpromstroybank’s Profit Falls 12.9% in Nine Months
Uzpromstroybank’s Profit Falls 12.9% in Nine Months

Tashkent, Uzbekistan (UzDaily.uz) — Uzpromstroybank reported net profit of 1.2 trillion soums for the first nine months of 2026, down 12.9% from 1.3 trillion soums in the same period a year earlier.

The figures were reported by investment company Kapdepo, citing the bank’s quarterly financial statements published on the openinfo.uz portal.

Most of the decline occurred in the third quarter. Net profit in July–September fell 82.3% to 101.9 billion soums, compared with 577.4 billion soums in the same period of 2025.

Uzpromstroybank’s total income for the nine-month period increased by 51.7% to 20 trillion soums.

The bank’s expenses for provisions against potential losses on loans and leasing rose to 9.7 trillion soums.

At the same time, the bank reversed previously established provisions worth 9.6 trillion soums and recognised the amount as other non-interest income.

The bank’s assets increased by 9.5% year-on-year to 104.2 trillion soums, while its capital grew by 14.7% to 13 trillion soums.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.