Problem loans at Uzbek banks rise 33% in eight months

As of 1 September 2026, non-performing loans at banks in Uzbekistan reached 24.23 trillion soums, according to the Central Bank. The bank said the figure stood at 18.055 trillion soums at the start of the year. Over eight months, loans not repaid on schedule rose by almost 6 trillion soums, or 33%.

State banks hold more than 16.54 trillion soums (69%) of the problem loans, up from 12.83 trillion at the start of the year, an eight-month increase of 3.7 trillion soums. Agrobank and National Bank had the largest shares, at 3.2 trillion soums each. Microcreditbank's non-performing loan balance rose to 2.14 trillion soums, and it led in the growth of overdue debts, increasing by about 1.24 trillion soums between January and August.

Private banks account for nearly 7.5 trillion soums of problem loans, compared with 5.2 trillion at the start of the year, a rise of 2.3 trillion. Among private banks, the largest amount was at Kapital Bank, at 1.15 trillion soums. Ipoteka-bank (1.1 trillion), Anorbank (1.1 trillion) and TBC Bank (1.03 trillion) also held significant shares. Anorbank recorded the largest increase among private banks, at 632 billion soums over eight months.