Commercial banks in Uzbekistan issued loans worth 390 trln soums ($32 bn) in 2025, marking a nearly 36% increase compared with 2024, according to the Central Bank.
The regulator said the growth reflects stronger business activity and an expansion of financial support for the national economy.
Loans issued in the national currency were the main driver of the increase. In 2025 their volume reached 276.4 trln soums ($22.7 bn), up from 193.3 trln soums ($15.9 bn) a year earlier.
Individuals accounted for the largest share of these loans, receiving 156.8 trln soums ($12.9 bn). Legal entities borrowed 108.8 trln soums ($8.9 bn), while individual entrepreneurs took 10.8 trln soums ($885 mln).
Lending in foreign currencies also increased last year. The total volume of such loans reached 113.6 trln soums ($9.3 bn), compared with 94 trln soums ($7.7 bn) in 2024.
Almost all foreign currency loans were issued to legal entities, which received 113.1 trln soums ($9.27 bn). Individual entrepreneurs were granted 441.5 bn soums ($36 mln) in foreign currency financing.
