According to the Central Bank, the net profit of Uzbekistan's commercial banks for January–September 2026 amounted to 15.26 trillion soums. This is 40.3% more than in the same period of 2025.
Profitability also increased: return on assets (ROA) rose from 2.1% to 2.37%, and return on equity (ROE) from 11.8% to 14.1%.
The growth is uneven. According to Bankers.uz calculations, almost 45% of the increase came from Ipoteka Bank. Without it, the profit of the other banks grew by 22.4%.
2025 was a record year for the sector. According to the Association of Banks of Uzbekistan, banks earned 15.5 trillion soums, more than twice as much as in 2024. In nine months of 2026, banks have already earned 98.5% of that amount.
The Association of Banks of Uzbekistan is an official partner of SGBF.
