• Sign in
  • 1751972643_633.png 1751972643_245.png 1751959824_218.svg 1751959824_520.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12653.48
    • RUB159.75
    • EUR14871.64
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +31°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Uzbekistan Money Economics

    Uzbekistan's NPLs rise by $59mn since March 2024

    Uzbekistan's NPLs rise by $59mn since March 2024

    The Central Bank of Uzbekistan has reported an uptick in non-performing loans (NPL) within the country's banking sector, with figures reaching UZS 21.6 trillion ($1.7 bn) as of April 1. This represents a notable increase of 3.5%, or UZS 751 bn ($59 mn), compared to the previous month.

    Central Bank's data reveals that the proportion of NPL in the overall loan portfolio of state-owned banks has risen from 4.9% to 5.1%, while maintaining a steady 3% in private banks.

    State-owned banks saw the most significant surge in problem loans, witnessing an increase of UZS 503 bn ($40 mn). Among these institutions, the Business Development Bank stands out with the highest NPL ratio of 16.1%, followed by Xalq Banki at 7.2% and Mikrokreditbank at 6.7%.

    Conversely, private banks experienced a slight decrease in the level of problem loans, dropping by UZS 53 mn ($4,188.07). Nonetheless, notable percentages of NPL were observed in Octobank, where the figure stands at 7.6%, and in Madad Invest Bank, with a staggering 26.9%.

    As of March 1, Uzbekistan's banking industry experienced a significant rise in non-performing loans (NPL), totaling UZS 20.8 trillion ($1.7 bn).

    As of April 1, 2023, the total volume of non-performing loans (NPL) in Uzbek commercial banks stood at UZS 14.3 trillion ($1.1 bn), comprising 3.5% of the total loan portfolio. Among state-owned banks, the NPL share was slightly higher at 3.9%, with varying percentages across different institutions. Notably, the Business Development Bank recorded the highest NPL rate at 16.1%. In contrast, private banks collectively accounted for a lower NPL share of 1.9%. Total NPL volume increased by approximately 51.8% from April 2023 to April 2024.

    Follow Daryo's official  Instagram  and  Twitter  pages to keep current on world news.

    26.04.2024, 02:52   Comments (0)   1973
    Facebook Twitter LinkedIn Telegram Email
    Khadicha Abdurashidova

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Uzbekistan's banking sector sees nearly 20% rise in NPL

    14.02.2024, 11:56

    Uzbekistan's banks face NPL growth: hits $1.6 bn

    28.02.2024, 18:10

    Uzbekistan's banking sector sees 4.17% surge in non-performing loans

    28.03.2024, 13:34

    Uzbekistan’s Central Bank reveals SQB and Asakabank privatization delays

    25.04.2024, 23:56
    ×Lightbox Image
     

    Recommended

    Heatwaves could kill thousands annually across Central Asia by 2090, World Bank warns

    17 July, 12:10

    Azerbaijan vs Russia: why a bilateral quarrel is reverberating across Central Asia

    9 July, 15:42

    Iran as the pressure point: How Washington’s campaign against Tehran seeks to undercut China and Russia - and why Central Asia risks the fallout

    19 June, 12:24

    "Visa simplification with Uzbekistan could be on the table," EU Ambassador Klaar points out

    11 June, 12:12
     
     
     

    Latest news

    Uzbekistan professor bridges cultures and fosters innovation at University of Missouri

    Uzbekistan | 26 July, 16:00

    Uzbekistan uses over half of its land for agriculture, Cadastral agency reports

    Uzbekistan | 26 July, 13:35

    Uzbekistan’s poverty rate falls to 6.8% with 2.1 pp drop in 1H25

    Uzbekistan | 26 July, 11:01

    Uzbekistan advances social protection reform with results-based planning and budgeting workshop

    Uzbekistan | 25 July, 17:28

    Afghanistan, Pakistan sign preferential trade agreement to cut tariffs on key agricultural exports

    Afghanistan | 25 July, 15:00

    Uzbekistan's fixed asset investments reach $21.4bn in 1H25, up by $2.4bn

    Uzbekistan | 25 July, 13:00

    Uzbekistan proposes Georgia to join China–Kyrgyzstan–Uzbekistan railway with view to Middle Corridor integration

    Uzbekistan | 25 July, 11:31

    Chinese firm to build 600 MW data centers in Uzbekistan’s Bukhara and Surkhandarya regions

    Uzbekistan | 25 July, 10:30
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.