TBC Uzbekistan Reports 97% Net Profit Growth

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During the first nine months of 2024

TBC Uzbekistan’s net profit soared 97% in the first nine months of 2024, reaching 343 bln Uzbekistani soum, according to Kursiv Uzbekistan.

The bank’s loan portfolio surged 104% to 5.86 trillion soum.

Deposits from individual clients climbed 70%, totalling 4 trln soum, while its unique user base hit 17 mln.

Kursiv Uzbekistan also reports that Uzbek banks froze assets worth $4.6 mln.

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