As of September 1, the assets of all banks in Uzbekistan amounted to $37.6 billion, up by 22.5% YoY, according to the Bank Activity Index released by the Center for Economic Research and Reforms of Uzbekistan (CERR). The liabilities of banks also increased by 24%, to $31.6 billion. Total capital stood at $6.1 billion, up by 15.2% YoY.
CERR compiled the index by dividing banks into large and small groups.
CERR said that Kapitalbank had the best ratio of term deposits to the total amount of loans and recognized it the leader among large banks.
Hamkorbank, meanwhile, improved financial accessibility indicators, raised profitability and reduced the share of NPLs by almost a third, and thus was placed second.
Trastbank closed the top three and kept its position as one of the leading banks in terms of capital adequacy, profitability and liquidity.
Davrbank retained its leading position among small banks, Ziraatbank rose to second place, with Universalbank dropping to the third.
TBC Bank lost the 7th place to Tenge Bank. Experts noted that TBC Bank and Anorbank were still in the process of formation, since they opened in the fourth quarter of 2020. (Uzreport/Business World Magazine)
