BAKU, Azerbaijan, Jan.4
By Natavan Rzayeva - Trend:
The volume of non-performing loans (NPL) issued by Uzbek banks from January through November 2021 increased by 2.8 times compared to the same period in 2020, Trend reports citing the Central Bank of Uzbekistan.
This figure amounted to 18.3 trillion soums ($1.6 billion) from January through November 2021, which is 5.7 percent of the total volume of all issued loans.
The volume of NPL from January through November 2020 amounted to 6.5 trillion soums ($599.7 million).
During the corresponding period, the NPL of state-owned banks of Uzbekistan accounted for 16.1 trillion soums ($1.4 billion), and private banks’ NPL accounted for 2.2 trillion soums ($209.2 million).
In general, the total volume of all loans issued by banks of Uzbekistan in 11 months of 2021 amounted to 320.8 trillion soums ($29.5 billion).
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