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Uzbekistan reveals value of loans issued by private banks within 8M2022

Uzbekistan Materials 30 September 2022 12:09 (UTC +04:00)
Uzbekistan reveals value of loans issued by private banks within 8M2022
Natavan Rzayeva
Natavan Rzayeva
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BAKU, Azerbaijan, September 30. The value of all loans issued by private banks of Uzbekistan from January through August 2022 increased by 38.7 percent compared to the same period the previous year, Trend reports citing the Uzbek Central Bank.

This figure in the corresponding period amounted to 57.9 trillion soums ($5.3 billion), and from January through August 2021 amounted to 41.7 trillion soums ($3.8 billion).

The loans of the banks with a state share from January through August 2022 amounted to 297.6 trillion soums ($27.3 billion), which is an increase of 12 percent compared to the same period of 2021 (265.5 trillion soums or $24.4 billion).

From January through August 2022, the loans of the banks with a state share in Uzbekistan exceeded the loans of private banks by 5.1 times, amounting to 239.7 trillion soums ($22 billion).

The total value of all loans issued by banks of Uzbekistan amounted to 355.5 trillion soums ($32.6 billion) from January through August 2022.

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