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Uzbekistan discloses top banks with largest revenues via payment terminals in 6M2024

Uzbekistan Materials 16 July 2024 13:24 (UTC +04:00)
Kamol Ismailov
Kamol Ismailov
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TASHKENT, Uzbekistan, July 16. Uzbek banks’ revenues through payment terminals amounted to 153.2 trillion soums ($12.1 billion) from January through June 2024, Trend reports.

As per data from the Central Bank of Uzbekistan, the recorded number reflects a 35.8 percent increase compared to the same period in 2023, when the bank recorded 112.8 trillion soums ($8.9 billion) worth of transactions through POS terminals.

The country’s Aloqa Bank accounted for the highest revenue volume in the amount of 24.4 trillion soums ($1.9 billion) during this period, while APEX Bank accounted for the smallest volume of revenues through payment terminals with 23 million soums ($1,827).

Top 5 banks of Uzbekistan by the volume of revenues through payment terminals (from January through June 2024):

Bank

Revenues through payment terminals

Aloqa Bank

24.4 trillion soums ($1.9 billion)

Ipotekabank

11.3 trillion soums ($892.8 million)

National Bank

9.2 trillion soums ($726.9 million)

Octobank

8.2 trillion soums ($647.8 million)

Davrbank

7.4 trillion soums ($584.6 million)

Meanwhile, the banks in Uzbekistan registered revenues through payment terminals in the amount of 99.3 trillion soums ($7.8 billion) from January through April 2024. This figure shows a 40 percent increase year-on-year (70.9 trillion soums, or $5.6 billion).

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