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Uzbek Central Bank reveals volume of non-performing loans for 1M2022

Uzbekistan Materials 10 March 2022 15:51 (UTC +04:00)
Uzbek Central Bank reveals volume of non-performing loans for 1M2022
Natavan Rzayeva
Natavan Rzayeva
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BAKU, Azerbaijan, Mar.10

By Natavan Rzayeva - Trend:

The volume of non-performing loans (NPL) issued by Uzbek banks in January, 2022 increased by 2.3 times compared to the same period last year, Trend reports citing the Central Bank of Uzbekistan.

This figure amounted to 17.4 trillion soums ($1.6 billion) in January, 2022, which is 5.4 percent of the total volume of all issued loans.

The volume of NPL in January, 2021 amounted to 7.4 trillion soums ($691.9 million).

In January, 2022, the NPL of state-owned banks of Uzbekistan accounted for 15.5 trillion soums ($1.4 billion), while private banks’ NPL accounted for 1.9 trillion soums ($180.5 million).

The total volume of all loans issued by banks of Uzbekistan amounted to 324.1 trillion soums ($29.9 billion) in January, 2022.

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