TASHKENT, Uzbekistan, March 20. Uzbekistan
revealed the sectoral structure of commercial bank lending, showing
a shift toward consumer and service-oriented segments, Trend reports via the Central
Bank of Uzbekistan.
According to the data, loans to individuals remained the
dominant driver of credit growth, rising by 23% to 221,935 billion
soums ($18.30 billion) as of February 1, 2026, and expanding their
share in total lending to 36%.
Strong growth was also recorded in agriculture, where lending
increased by 22% to 60,936 billion soums ($5.02 billion), and in
construction and logistics, both of which surged by 47% to 19,389
billion soums ($1.60 billion) and 6,099 billion soums ($0.50
billion), respectively. The data points to rising investment
activity in infrastructure and supply chains.
In contrast, lending to industry declined by 6% to 143,739
billion soums ($11.85 billion), with its share dropping sharply
from 29% to 24%, highlighting a shift in credit allocation away
from the industrial sector. Housing and community services also
contracted, falling by 13%.
Other sectors expanded by 30%, while trade and public services
grew by 15%, and transport and communication showed marginal growth
of 3%, indicating uneven dynamics across the economy.
Meanwhile, total loans issued by commercial banks in Uzbekistan
reached 610,381 billion soums ($50.33 billion), marking a 14%
increase compared to the same period last year.
