Finance

Uzum Bank’s nine-month profit rises 63-fold

Uzum Bank’s nine-month profit rises 63-fold
Uzum Bank’s nine-month profit rises 63-fold / Photo: Uzum Bank.

Tashkent, Uzbekistan (UzDaily.uz) — Uzum Bank’s net profit for the first nine months of 2026 totalled 485bn soums, 63.4 times higher than in the same period last year. 

In the third quarter alone, the bank earned 226.9bn soums in net profit. This was a 1,095.4% increase compared with the same period last year.

Uzum Bank’s total income rose by 145.6% to 2.3 trillion soums. Commission income remained the main source of revenue. Over the nine-month period, it increased 2.5 times to 1.6 trillion soums.

The bank’s assets grew by 214.8% year on year to 4.5 trillion soums. Its capital increased by 112.4% to 1.6 trillion soums. The allowance for potential loan losses amounted to 12.1bn soums, up 117.1% from a year earlier.

Uzum Bank’s loan portfolio reached 450bn soums as of 1 October 2026, compared with 67bn soums a year earlier.

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.