Economics

The volume of deposits in banks increased by 34 percent in one year — Central Bank

Deposits in banks increased by 34 percent in one year — Central Bank

The total volume of deposits belonging to the population and businesses in Uzbekistan's banks increased by nearly 34 percent over the course of one year. The Central Bank reported this.

As of August 1, 2026, the volume of deposits reached 482.7 trillion soums. In the same period of 2025, this figure stood at 360.4 trillion soums. Thus, the annual volume increased by more than 122 trillion soums, or 34 percent.

"The indicators show that the financial resource base in the banking system is expanding. The faster growth rate of deposits compared to loans serves to expand the internal resource base of banks," the Central Bank stated.

It is noted that 142 trillion soums of the deposits, or 29 percent of the total amount, are demand deposits, meaning the money can be withdrawn at any time. Another 175.7 trillion soums are for a term of up to one year (36 percent), and 164.94 trillion soums are long-term deposits, meaning for more than one year.

As of August 1, 2016, it was reported that for the first time in Uzbekistan's economic history, the money supply reached its highest value — 434.5 trillion soums. The amount of money supply first published by the Central Bank was 24.4 trillion soums on February 1, 2013. By the beginning of 2024, this figure reached 242.2 trillion soums. That is, an almost 10-fold increase was recorded over 11 years.

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