TASHKENT, Uzbekistan, November 26. The volume of non-performing loans in Uzbekistan's commercial banks amounted to 22 trillion soums ($1.7 billion) as of November 1.
The data obtained by Trend from the Central Bank of Uzbekistan shows that the loan portfolio of banks amounted to 521 trillion soums ($40.7 billion). The share of problem loans in the total loan portfolio of banks amounted to 4.2 percent.
Problem loans in state-owned banks exceeded 14.9 trillion soums ($1.1 billion), which is 4.1 percent of state financial institutions' loans (362 trillion soums, or $28.3 billion).
Non-state banks have problem loans amounting to 7 trillion soums ($547.8 million), which is 4.4 percent of their total loan portfolio (159 trillion soums, or $12.4 billion).
The National Bank of Uzbekistan accounted for the largest volume of problem loans among state-owned banks, with 3.3 trillion soums ($258.2 million). Among non-state banks, Ipoteka Bank (2.3 trillion soums, or $180 million) holds the leading position.
Meanwhile, Uzbek commercial banks’ problem loans reached 20 trillion soums ($1.5 billion) as of July 1.