According to data from the Central Bank of the Republic of Uzbekistan, as of September 1, 2026, the volume of non-performing loans (NPLs) in commercial banks of Uzbekistan amounted to 24 trillion UZS. This sum represents 3.7% of the total volume of the banking system's credit portfolio, which reached 648.9 trillion UZS.
Nine state-owned banks accumulated a credit portfolio of 421.5 trillion UZS, accounting for about 65% of the entire sector. The percentage of non-performing loans in these nine banks was 16.5 trillion UZS, or 3.9%, exceeding the average figure for the entire system.
The remaining 26 banks had a combined credit portfolio of 227.5 trillion UZS, including 7.5 trillion UZS in non-performing loans. Their NPL ratio was 3.3%.
Largest players and their indicators
UzNatsbank held the largest credit portfolio in the banking system—104 trillion UZS. Of this amount, 3.17 trillion UZS, or 3.1%, were classified as non-performing loans. Agrobank had a portfolio of 94.7 trillion UZS and recorded the largest absolute volume of NPLs in the banking system—3.21 trillion UZS, with an NPL ratio of 3.4%.
In Uzpromstroybank, non-performing loans reached 1.8 trillion UZS on a credit portfolio of 59.1 trillion UZS, corresponding to an NPL ratio of 3.1%. Among state-owned banks, Microcreditbank showed the highest NPL ratio—9.2%, with 2.1 trillion UZS in non-performing loans out of a total portfolio of 23.2 trillion UZS.
Following were Business Development Bank with an NPL ratio of 5.8%, Asaka Bank with 4.4%, and People's Bank with 4.1%. Turonbank and Aloqabank reported a ratio of approximately 3.8%.
High and low indicators in the system
Across the entire banking system, TBC Bank demonstrated the highest share of non-performing loans—13.4%. Of its credit portfolio of 7.7 trillion UZS, 1 trillion UZS was recognized as non-performing. Poitaxt Bank reported a similarly high NPL ratio of 13.2%, while Madad Invest Bank showed a ratio of 10%. Other banks with relatively high NPL figures included Anor Bank (8.8%, or 1.1 trillion UZS in absolute terms), Garant Bank (7.7%), and AVO Bank (6.8%).
Among the largest non-state-owned banks, NPL ratios were below the system average. Kapitalbank, whose credit portfolio amounted to 39.3 trillion UZS, registered a ratio of 2.9%. Ipoteka Bank, whose portfolio reached 36.6 trillion UZS, reported a figure of 3%.
Hamkorbank demonstrated the lowest ratio among banks with portfolios over 10 trillion UZS—1.4% on a portfolio of 30.8 trillion UZS. Ipak Yuli Bank and Orient Finans Bank reported NPL ratios below 2%. As of September 1, 2026, UzKDB Bank and Octobank had no non-performing loans. Other banks with very low figures included Uzum Bank (0.01%), Apex Bank (0.05%), Open Bank (0.5%), and Tayanch Microfinance Bank (0.6%).