The aggregate assets of Uzbek banks as of early October 2026 reached 1.04 quadrillion sum, growing by 20.5% over the year. The data is provided according to the Central Bank statistics. At the same time, the share of foreign currency items in assets, loans, and deposits decreased.
Assets
The share of assets in foreign currency declined from 38.4% to 33.8% over the year. In absolute terms, their volume as of early October amounted to 352.7 trillion sum.
Loans
The total volume of loans issued by banks as of October 1, 2026 was 659.1 trillion sum compared to 582.2 trillion sum a year earlier. Foreign currency loans increased from 228.7 trillion to 252.3 trillion sum, and their share in the loan portfolio decreased from 39.3% to 38.3%.
Deposits
The total volume of deposits as of October 1, 2026 reached 501 trillion sum, compared to 371.5 trillion sum a year ago. The annual growth rate was 34.9%. Foreign currency deposits increased from 83.7 trillion to 93.1 trillion sum, while their share in the total volume fell from 22.5% to 18.6%.
Capital
The total capital of Uzbek banks as of October 1, 2026 was 152.9 trillion sum, which is 17.3% higher than a year earlier.
What it means for the market
Deposits grew faster than assets and the loan portfolio: 34.9% versus 20.5% for assets. In all three categories, the share of foreign currency decreased, although foreign currency loans and deposits grew in absolute terms.