The Share of Loans for Small Businesses Will Increase from the Current 28% to 40%

Uzbekistan

In recent years, it has been noted that the economy has seen an increase in liquidity, creating a strong foundation for the stable financing of investment projects.

The Share of Loans for Small Businesses Will Increase from the Current 28% to 40%
Specifically, corporate funds in banks have increased by 20 trillion UZS, reaching 107 trillion UZS. Meanwhile, individual deposits grew by 25 trillion UZS, amounting to 105 trillion UZS.

This indicates that our banks are developing sustainably and that trust in them among the population and entrepreneurs is growing.

By the end of the year, the total volume of allocated loans will amount to 275 trillion UZS. By 2025, this figure is expected to exceed 300 trillion UZS.

Particular emphasis is placed on increasing the share of loans to small businesses from the current 28% to 40%, reaching 120 trillion UZS.

To meet the needs of entrepreneurs, our banks plan to attract $6 billion from external sources by 2025 without state guarantees.

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