Tashkent, Uzbekistan (UzDaily.com) — As of the end of April 2025, the share of non-performing loans (NPLs) in Uzbekistan’s banking sector declined to 4.2%.

According to data from the Central Bank, the total loan portfolio of the country’s banks grew by 2.5% over the month, surpassing 565.6 trillion soums (approximately USD 43.7 billion). In state-owned banks, the share of NPLs edged down by 0.1 percentage points to 4.1%, while in private banks the figure remained unchanged at 4.3%. Overall, the sector-wide rate of overdue loans declined slightly from 4.3% to 4.2%.

Looking at individual banks, April 2025 saw the following changes in NPL ratios: UzNatsbank saw a reduction from 3.2% to 3.0%; Uzpromstroybank from 4.1% to 3.9%; Agrobank from 4.5% to 4.2%; People's Bank from 4.2% to 4.0%; Business Development Bank from 8.1% to 7.9%; Ipoteka Bank from 10.2% to 9.7%; Ziraat Bank from 3.6% to 3.1%; Garant Bank from 23.4% to 22.4%; and Madad Invest Bank posted a notable improvement, with its NPL ratio dropping from 9.7% to 5.5%.

At the same time, several banks recorded a slight uptick in their share of problem loans: Kapitalbank saw an increase from 5.1% to 5.4%; Orient Finance Bank from 1.1% to 1.9%; Invest Finance Bank from 1.7% to 2.3%; and Trustbank from 3.2% to 3.6%.