Tashkent, Uzbekistan (UzDaily.com) – In the first half of this year, Uzbekistan issued mortgage loans totaling 6.9 trillion soums, according to the Central Bank of Uzbekistan.

The regulator's data shows that during this period, 26.2 thousand individuals received mortgage loans. More than half of all loans (about 3.24 trillion soums) were issued under the new order.

The Ministry of Economy and Finance of Uzbekistan allocated funds amounting to 3.67 trillion soums. Commercial banks provided mortgage loans worth 2.36 trillion soums, and the mortgage refinancing company extended loans totaling 847.1 billion soums.

The outstanding balance of mortgage loans amounted to 61.8 trillion soums, an increase of 3.6 trillion soums since the beginning of the year.

Tashkent leads in mortgage loan issuance with a volume of 2.05 trillion soums. Samarkand region ranks second with 608.8 billion soums.

The top five regions also include Fergana region (570 billion soums), Navoi region (461 billion soums), and Tashkent region (430.3 billion soums).

On the primary market, 61% of all loans (3.87 trillion soums) were issued, while 3.01 trillion soums (39% of the total volume of all loans) were allocated for purchasing housing on the secondary market.

According to the Central Bank, more than 9.25 thousand borrowers (65%) are men. The majority of loans (70%) were provided to citizens aged 31 to 50, 20% to youth under 30, and 10% to individuals over 50 years old.