In the first quarter of 2020, loan volume in Uzbekistan has risen by 16% compared to the same period last year. In total, the tally for loans reached 30 trillion som ($2.9 billion), which is 4.2 trillion som ($411.6) more than last year. The growth has been seen in all crediting segments.
According to Uzbekistani Central Bank, the rest of consumer loans as of July 1 was about 4.7 trillion som ($460 million). This is just 1% of Uzbekistan’s GDP and about 2% of banking portfolios combined. During the pandemic, the latter criteria changed just slightly by 2%. In contrast...