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Uzbekistan reveals ranking of banks by number of issued cards

Uzbekistan Materials 10 March 2023 12:30 (UTC +04:00)
Uzbekistan reveals ranking of banks by number of issued cards
Nazrin Babayeva
Nazrin Babayeva
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BAKU, Azerbaijan, March 10. Uzbekistan’s Xalq Bank has become the leader by number of cards issued, among the local banks, as of February 1, 2023, Trend reports with reference to the Central Bank of Uzbekistan.

During the reporting period, Xalq Bank has issued more than 7.1 million cards.

The country’s Agrobank ranked second with more than 3.9 million cards, with Ipoteka-bank closing the top 3 with more than 3.1 million cards.

CBU notes that among the 32 banks of Uzbekistan, the smallest number of cards issued into circulation was registered for Uzagroeksportbank – 1,402.

Top 10 banks of Uzbekistan by issued plastic cards as of Feb.1, 2023:

Bank

Number of cards

Xalq Bank

7,125,726

Agrobank

3,959,412

Ipoteka-bank

3,153,989

National Bank

3,077,327

Ipak Yuli bank

2,153,015

Uzbek Industrial and Construction Bank

2,012,138

Hamkorbank

1,597,616

Aloqabank

1,305,539

Mikrokreditbank

1,201,295

Asaka bank

1,152,284

As of February 1, 2023, the number of bank cards issued into circulation in Uzbekistan amounted to 34.8 million, which is an increase of 37.2 percent year-on-year. This figure has also increased by 1.9 percent, compared to the beginning of the previous month, as of January 1, 2023 - 34.1 million cards.

At the same time, Uzbekistan’s number of POS terminals amounted to 433,525, as of the beginning of February 2023. Xalq Bank also ranked first in terms of most POS terminals operating across the country - 48,837.

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