Banking sector profit increased by 40% since the beginning of the year
Net profit of Uzbekistan’s commercial banks reached 15.26 trillion soums in the first 9 months of 2026. This is 40.3% more than in the same period last year, the Central Bank reports.
Pre-tax profit increased by 34.8% to 17.44 trillion soums. Banks’ interest income grew by 18.5% to 110.4 trillion soums, while expenses increased by 21.4% to 79.2 trillion soums.
The main factor behind the growth in profit was non-interest income, which increased by 44.3% to reach 76.2 trillion soums.
Return on assets (ROA) rose from 2.1% to 2.37%, while return on equity (ROE) increased from 11.8% to 14.1%.
At the same time, 67.5% of the sector’s profit was generated by 12 largest banks with assets exceeding 30 trillion soums. Together, they earned 10.3 trillion soums.
