The assets of Uzbekistan's banking system exceeded 932 trillion soums.

According to the results of the first quarter of 2026, the total assets of Uzbekistan's banking system amounted to 932.3 trillion soums ($76.3 billion), and its liabilities amounted to 793.9 trillion soums ($64.9 billion). This was reported in the "Bank Activity Index" report published by the Center for Economic Research and Reforms.

 

According to the report, growth rates are being maintained in the country's banking sector. In particular, credit placements increased by 14%, and deposits by 32%. The net profit of banks increased by 36.3% compared to the corresponding period of the previous year, reaching 3.1 trillion soums ($254 million). At the same time, the share of non-performing loans decreased from 4.5% to 3.3%.

 

Leadership was maintained in the large banks segment. In particular, Kapitalbank retains first place in the ranking. Overall, out of 20 large banks, 7 improved their position, 8 declined, and 5 maintained their place. The largest growth was recorded by Tenge Bank, which rose 6 positions to reach 10th place in the overall ranking.

 

Furthermore, Hamkor Bank, Asia Alliance Bank, and Ipak Yuli Bank moved up by 1 position each, while Xalq Bank, Invest Finance Bank, and Agrobank moved up by 2 positions each. Conversely, Orient Finans Bank fell by 5 positions and Trast Bank by 3 positions.

 

Leaders were also identified in specific indicator categories. In the direction of financial intermediation, Invest Finance Bank, Anor Bank, and Kapitalbank took the leading positions, while in terms of financial inclusion, Agrobank, Anor Bank, and BRB were the leaders. In terms of capital adequacy, Orient Finans Bank, Trast Bank, and Xalq Bank showed high results. In the asset quality category, Hamkor Bank, Asia Alliance Bank, and Ipak Yuli Bank were the leaders. In management efficiency, O'zsanoatqurilishbank, Orient Finans Bank, and O'zmilliybank took high positions. In profitability, Hamkor Bank, Trast Bank, and Asia Alliance Bank were noted as leaders, while in liquidity, Asia Alliance Bank, Ipak Yuli Bank, and Trast Bank were recorded as leaders.

 

Competition has also intensified in the small banks segment. 8 out of 14 banks improved their position. In this group, TBC Bank was recorded as the ranking leader. The most significant growth was recorded by AVO Bank and Apex Bank, which moved up by 3 positions each. Furthermore, Soderot Bank, Garant Bank, and Ziraat Bank recorded growth of 2 positions each, while Open Bank and Uzum Bank recorded growth of 1 position each. Oktobank fell by 6 positions, showing the largest decline.

 

For reference, this study covered 34 commercial banks operating in the republic, 20 of which are in the large bank category and 14 in the small bank category. The index is formed based on 27 indicators, including in accordance with international standards and the requirements of the Basel Committee.