TASHKENT, Uzbekistan, May 6. The volume of non-performing loans in Uzbekistan's banks amounted to 21.6 trillion soums ($1.7 billion) as of April 1, Trend reports.
The data from the Central Bank of Uzbekistan shows that the loan portfolio of banks amounted to 478.2 trillion soums ($37.7 billion). Problem loans accounted for 4.5 percent of banks' total loan portfolio.
Problem loans in state-owned banks reached 16.9 trillion soums ($1.3 billion), while non-state banks’ non-performing loans amounted to 4.6 trillion soums ($362.8 million).
The National Bank of Uzbekistan (3.8 trillion soums, or $299.7 million), Business Development Bank (3.4 trillion soums, or $268.2 million), and Uzpromstroybank (2.3 trillion soums, or $181.4 million) lead among state-owned banks in terms of problem loans.
Among non-state banks, Ipoteka Bank (2.7 trillion soums, or $213 million) and Kapital Bank (515 billion soums, or $40.6 million) hold the leading positions.
Meanwhile, the volume of non-performing loans in Uzbekistan's commercial banks amounted to 20.8 trillion soums ($1.6 billion) as of March 1.
The banks' loan portfolio amounted to 472.4 trillion soums ($37.4 billion). Problem loans accounted for 4.4 percent of banks' total loan portfolio.