...

Uzbekistan’s banking sector records strong capital expansion

Economy Materials 1 December 2025 05:25 (UTC +04:00)
Uzbekistan’s banking sector records strong capital expansion
Kamol Ismailov
Kamol Ismailov
Read more

TASHKENT, Uzbekistan, December 1. As of November 1, 2025, the consolidated capital of commercial banks reached 131.79 trillion soums ($11.04 billion), up from 110.81 trillion soums ($9.28 billion) a year earlier, Trend reports via the Central Bank of Uzbekistan.

The number of banks included in the assessment decreased from 36 to 35.

Statutory capital also showed a notable rise, increasing from 77.46 trillion soums ($6.49 billion) in 2024 to 93.16 trillion soums ($7.81 billion) in 2025.

The structure of the banking sector continues to shift toward larger and better-capitalized institutions. By November 2025:

• The number of banks with capital below 500 billion soums ($41.9 million) decreased sharply from 12 to 3.

• Banks with capital between 500 billion and 1 trillion soums ($41.9–83.8 million) rose from 3 to 10.

• The number of banks holding 1–2 trillion soums ($83.8–167.6 million) remained at 6 in 2024 and 5 in 2025.

• Banks within the 2–5 trillion soum range ($167.6 - 419.0 million) remained stable at 7.

• Six banks held between 5–10 trillion soums ($419.0 million–$838.0 million) in both periods.

• The number of the largest banks—those with capital over 10 trillion soums ($838.0 million and above)—increased from 2 to 4, with their share rising from 28.2 percent to 41.9 percent.

As of November 26, 2025, the official exchange rate set by the National Bank of Uzbekistan stands at 1 USD = 11,936.89 soums.

Tags:
Latest

Latest