TASHKENT, Uzbekistan, March 29. The volume of non-performing loans in Uzbekistan's commercial banks amounted to 20.8 trillion soums ($1.6 billion) as of March 1, Trend reports.
The data from the Central Bank of Uzbekistan shows that the loan portfolio of banks amounted to 472.4 trillion soums ($37.4 billion). The share of problem loans in the total loan portfolio of banks amounted to 4.4 percent.
Problem loans in state-owned banks exceeded 16.1 trillion soums ($1.2 billion), which is 4.6 percent of state financial institutions' loans (331.1 trillion soums, or $26.2 billion).
Non-state banks have problem loans amounting to 4.7 trillion soums ($372.1 million), which is 3.3 percent of their total loan portfolio.
The National Bank of Uzbekistan (3.4 trillion soums, or $269.1 million), Business Development Bank (2.9 trillion soums, or $229.6 million), and Uzpromstroybank (2.4 trillion soums, or $190 million) lead among state-owned banks in terms of problem loans.
Among non-state banks, Mortgage Bank (3.02 trillion soums or $239.1 million) and Kapital Bank (490 billion soums or $38.7 million) hold the leading positions.
Meanwhile, Uzbek commercial banks' problem loans amounted to 16.6 trillion soums ($1.3 billion) as of January 1, 2024.
