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Uzbekistan notes growth in commercial banks' deposits for 4M2024

Uzbekistan Materials 3 June 2024 07:31 (UTC +04:00)
Kamol Ismailov
Kamol Ismailov
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TASHKENT, Uzbekistan, June 3. The deposits of Uzbekistan's commercial banks amounted to 964.8 trillion soums ($75.9 billion) from January through April 2024, Trend reports.

As per data from Uzbekistan's Central Bank, this figure indicates a 13.8 percent increase year-on-year (847.5 trillion soums, or $66.6 billion in January–April 2023).

The deposits of state-owned banks in Uzbekistan accounted for 492.2 trillion soums ($38.7 billion) during this period, which is 6.2 percent less than the same period the previous year (525.2 trillion soums, or $41.3 billion in January–April 2023).

At the same time, the other banks' deposits reached 472.6 trillion soums ($37.1 billion). This figure shows 46.6 percent growth year-on-year (322.3 trillion soums, or $25.3 billion in January–April 2023).

Meanwhile, the capital volume of Uzbekistan's commercial banks amounted to 395.3 trillion soums ($31.1 billion) from January through April 2024. This indicator has increased by 21.7 percent year-on-year (324.6 trillion soums, or $25.5 billion in January–April 2023).

The capital of state-owned banks in Uzbekistan accounted for 255.4 trillion soums ($20.1 billion), while other banks' capital reached 139.8 trillion soums ($11 billion).

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