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Finance 25/04/2025 Uzbek banks earn over 3.4 trillion soums in Q1 2025

Uzbek banks earn over 3.4 trillion soums in Q1 2025

Tashkent, Uzbekistan (UzDaily.com) — Uzbekistan’s banking sector has shown significant financial growth in the first quarter of 2025, according to the Central Bank of Uzbekistan.

The cumulative net profit of banks for January–March exceeded 3.4 trillion soums, marking a 43% increase compared to the same period in 2024.

As of 1 April, banks’ interest income reached 28.9 trillion soums, up 11.7% year-on-year. Meanwhile, interest expenses amounted to 20 trillion soums.

A positive trend was also observed in non-interest income, which rose by 27% to 5.42 trillion soums.

The sector’s overall momentum reflects improved operational efficiency and growing financial stability, indicating a strong start to the year for Uzbekistan’s banking industry.

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