Why is this important
The sharp rise in microfinancing shows the high demand for small loans and the growth of their supply from both banks and private groups. This reinforces the role of microfinance in helping the population and small businesses.
What happened
- The total volume of services is 66.9 trillion soums, representing an increase of 32.1 trillion soums compared to 2024.
Sources:
- Sources: — 80% (53,6 trln),
- microfinance organizations — 18% (12 trln),
- pawnshops — 2% (1,3 trln);
- 91% of loans up to 100 million soums;
- The proportion of microfinancing in the total loan portfolio rose from 26% to 34%.
Highest growth:
- for private banks — 2.2 times,
- at state banks — by 46%;
- Leaders: TBC Bank (+3.2 times), Invest Finance Bank (+3.1 times), Anorbank (+75%);
- Among MFOs are “Tezkoyn” (47% of the market), “Shaffof Finance” (20%), “Fortuna Business” (5%).
What they say
Central Bank experts observe that the service segment for self-employed individuals is growing particularly rapidly: their share has reached 28% (18.6 trillion soums), which is three times more than a year ago.
Context
Most microfinance services (99.5%) are provided in the national currency. The majority of loans originate from Tashkent (66% of the market), followed by Khorezm and Karakalpakstan.
