TASHKENT, Uzbekistan, September 6. The volume of microfinance services in Uzbekistan grew by 92.2 percent year-on-year, reaching 66.9 trillion soms ($5.97 billion), Trend reports, citing the Central Bank of Uzbekistan.
The share of microfinance in the total loan portfolio increased from 26 percent in the first half of 2024 to 34 percent during the same period in 2025. Banks remain the dominant players in the market, accounting for 80 percent of total microfinancing, while microfinance organizations hold 18 percent.
Over the six-month period, the portfolio of private banks more than doubled, rising 2.2 times to 37.7 trillion soms ($3.37 billion), whereas state-owned banks saw an increase of 46 percent, reaching 15.9 trillion soms ($1.42 billion).
TBC Bank continues to lead in microfinance services, with its portfolio expanding from 7 trillion soms ($625 million) last year to 22.3 trillion soms ($1.99 billion), representing 41.6 percent of bank lending and roughly one-third of the entire market.
