According to data from the Central Bank of Uzbekistan, bank deposits in Uzbekistan reached 482.7 trillion soms as of August 1, 2026, representing a growth of 33.9% compared to the previous year. Over the same period, the portfolio of loans in the banking sector increased by 11.9%, totaling 644.6 trillion soms. This indicates that the growth in deposits almost three times outpaced the growth in loans.
During the year, the ratio of loans to deposits in the banking system decreased from 159.9% to 133.6%. In state-owned banks, this ratio fell from 211.5% to 170%, while in other banks, it decreased from 105.1% to 95%.
Short-term deposits with maturities of up to one year showed the fastest growth, increasing by 45.8% to reach 175.7 trillion soms. Demand deposits grew by 33%, amounting to 142 trillion soms, while long-term deposits with maturities over one year increased by 24% to 164.9 trillion soms. Consequently, the share of short-term deposits in the total deposit volume rose from 33.4% to 36.4%, and the share of long-term deposits decreased from 36.9% to 34.2%. Demand deposits accounted for 29.4%.
Corporate deposits amounted to 297.5 trillion soms, and individual deposits to 185.2 trillion soms. Deposits denominated in the national currency increased by 42.6% to 390 trillion soms, while foreign currency deposits grew by 6.6% to 92.7 trillion soms.
UzNatsBank, with 58.4 trillion soms, Kapitalbank with 48.9 trillion soms, and Agrobank with 43 trillion soms held the largest deposit bases.
The liquidity of the banking sector improved during the year. High-quality liquid assets increased by 52.8%, reaching 222.8 trillion soms, and their share of total assets rose from 17.8% to 22.7%. The liquidity coverage ratio increased from 206% to 265.4%, and the net stable funding ratio rose from 117% to 133.1%. The minimum required level for both ratios is 100%. Meanwhile, the immediate liquidity ratio decreased from 121.8% to 98.7%, with a minimum requirement of 25%.
The capital adequacy ratio of the banking sector increased from 17.5% to 18.4%, and Tier 1 capital adequacy increased from 14.6% to 15.4%. Regulatory capital grew from 140.3 trillion to 168.3 trillion soms.