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Uzbekistan reveals volume of bank loans allocated to economic sectors in 11M2021

Uzbekistan Materials 6 January 2022 11:33 (UTC +04:00)
Uzbekistan reveals volume of bank loans allocated to economic sectors in 11M2021

BAKU, Azerbaijan, Jan.6

By Natavan Rzayeva - Trend:

The volume of loans allocated to the industrial sector of Uzbekistan from January through November 2021 amounted to 115 trillion soums ($10.6 billion), which is an increase of 15.6 percent compared to the same period last year (99.4 trillion soums, or $9.1 billion), Trend reports citing the Uzbek Central Bank.

At the same time, loans allocated to agriculture in the corresponding period amounted to 34.9 trillion soums ($3.2 billion), which is an increase of 26.9 percent compared to the same period last year (27.4 trillion soums or $2.5 billion).

The volume of loans allocated to the construction sector during this period, increased by 28.8 percent in comparison with the same period last year (7.3 trillion soums, or $677.5 million) reaching 9.4 trillion soums ($872.8 million).

From January through November 2021, the volume of loans allocated to the trade and service sector amounted to 27 trillion soums ($2.5 billion), which is an increase of 40.1 percent compared to the same period in 2020 (19.3 trillion soums, or $1.7 billion).

Loans allocated to the field of transport and communications during the specified period increased by 7.7 percent in comparison with the same period of last year, reaching 28.3 trillion soums ($2.6 billion).

The volume of loans allocated to other sectors of the economy of Uzbekistan from January through November 2021 amounted to 30.8 trillion soums ($2.8 billion).

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Follow the author on Twitter: @NatavanRzayeva5

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