Uzbek banks saw a 30.88% surge in deposits in Q1 2026, led by Octobank's 416% growth and strong gains at National Bank and Agrobank, indicating rising economic confidence.
Uzbekistan's banks expanded their loan portfolios in Q1 2026 but faced a rise in problematic loans, especially in state-owned banks, highlighting growing credit risks amid economic growth.
Uzbek banks will now maintain a minimum card balance during automatic loan repayments, protecting customers from full account depletion starting April 15, 2025.
Uzbekistan accelerates Asakabank privatization by transferring assets, injecting capital, and aligning operations with market principles to strengthen banking sector reforms.
Uzbekistan’s leading banks report strong Q1 2026 profits driven by asset growth, income diversification, and rising operational costs, signaling structural shifts in the banking sector.