Why is this important
The rating shows which banks are more actively developing their businesses — through lending, liquidity, asset quality, and management. Banks’ positions don’t change without reason: they reflect strategic priorities, financial stability, and contributions to economic growth.
Key facts
- Among the largest banks, Kapitalbank retained first place; Trust Bank and Hamkor Bank are in second and third respectively.
- Orient Finance Bank also maintained a high position in the top four.
- In the middle segment, Ipak yuli’s growth is noticeable — it entered the top five for the first time.
- In the group of small banks, Universalbank, TBC Bank, and Hayot Bank are leading.
- The indicators of banks losing positions are associated with a deterioration in the quality of loan portfolios and less active attraction of deposits.
- Banks’ total assets for the third quarter amounted to 863 trillion soums; lending rate slowed to 14%.
- The share of problem loans decreased from 4.2% to 3.8% year-on-year.
- Banks’ net profit grew by 25%, and the return on capital reached 11.2%.
What they say
The ranking leaders maintain their positions due to the profitability and quality of assets, — a comment from the CERR’s press release.
Context
The CERR activity index is one of the rare instruments that allows for comparing the “viability” of banks beyond just balance sheet indicators. In the previous quarters, Kapitalbank was also consistently leading, and Trust Bank demonstrated dynamic growth.
Improved credit quality and increased profits indicate a gradual recovery in the banking sector, but the stability depends on external factors (inflation, interest rate policy, corporate debt).
