BAKU, Azerbaijan, July 23. Interest income of the banking sector of Uzbekistan increased by 32.5 percent from January through June 2022, compared to the same period of last year (22.3 trillion soums, or $2 billion), reaching 29.5 trillion soums ($2.7 billion), Trend reports via the Uzbek Central Bank.
During this period, the interest expenses of Uzbek banks increased by 29.2 percent compared to the same period of 2021 (14.3 trillion soums, or $1.3 billion), reaching 18.5 trillion soums ($1.7 billion).
From January through June 2022, the interest margin amounted to 11 trillion soums ($1 billion), which is an increase of 38.5 percent compared to the same period of 2021 (7.9 trillion soums, or $730.7 million).
At the same time, non-interest income reached 3 trillion soums ($278.6 million), which is an increase of 1.9 times, compared to the specified period last year (6 trillion soums, or $551.6 million).
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