Tuesday, 02 January 2024 12:17 GMT

Uzbekistan's Banking Sector Records Strong Capital Expansion


(MENAFN- Trend News Agency) TASHKENT, Uzbekistan, December 1. As of November 1, 2025, the consolidated capital of commercial banks reached 131.79 trillion soums ($11.04 billion), up from 110.81 trillion soums ($9.28 billion) a year earlier, Trend reports via the Central Bank of Uzbekistan.

The number of banks included in the assessment decreased from 36 to 35.

Statutory capital also showed a notable rise, increasing from 77.46 trillion soums ($6.49 billion) in 2024 to 93.16 trillion soums ($7.81 billion) in 2025.

The structure of the banking sector continues to shift toward larger and better-capitalized institutions. By November 2025:

. The number of banks with capital below 500 billion soums ($41.9 million) decreased sharply from 12 to 3.

. Banks with capital between 500 billion and 1 trillion soums ($41.9–83.8 million) rose from 3 to 10.

. The number of banks holding 1–2 trillion soums ($83.8–167.6 million) remained at 6 in 2024 and 5 in 2025.

. Banks within the 2–5 trillion soum range ($167.6 - 419.0 million) remained stable at 7.

. Six banks held between 5–10 trillion soums ($419.0 million–$838.0 million) in both periods.

. The number of the largest banks-those with capital over 10 trillion soums ($838.0 million and above)-increased from 2 to 4, with their share rising from 28.2 percent to 41.9 percent.

As of November 26, 2025, the official exchange rate set by the National Bank of Uzbekistan stands at 1 USD = 11,936.89 soums.

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Trend News Agency

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