BAKU, Azerbaijan, April 7. The volume of non-performing loans (NPL) issued by Uzbek banks from January through February, 2022 increased by 2.19 times compared to the same period last year, Trend reports citing the Central Bank of Uzbekistan.
This figure amounted to 17.2 trillion soums ($1.5 billion) from January through February, 2022, which is 5.3 percent of the total volume of all issued loans.
The volume of NPL from January through February, 2021 amounted to 7.8 trillion soums ($689.8 million).
From January through February, 2022, the NPL of state-owned banks of Uzbekistan accounted for 15.3 trillion soums ($1.3 billion), while private banks’ NPL accounted for 1.9 trillion soums ($169 million).
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