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Uzbekistan shares data on interest income of banking sector for 8M2022

Finance Materials 23 September 2022 14:06
Baku, Azerbaijan Trend News Agency Natavan Rzayeva
Uzbekistan shares data on interest income of banking sector for 8M2022

Interest income of the banking sector of Uzbekistan increased by 35.9 percent from January through August 2022, compared to the same period of last year (30.2 trillion soums, or $2.7 billion), reaching 41 trillion soums ($3.7 billion), Trend reports via the Uzbek Central Bank.

During this period, the interest expenses of Uzbek banks increased by 29.3 percent compared to the same period of 2021 (19.6 trillion soums, or $1.8 billion), reaching 25.4 trillion soums ($2.3 billion).

From January through August 2022, the interest margin amounted to 15.6 trillion soums ($1.4 billion), which is an increase of 48.3 percent compared to the same period of 2021 (10.5 trillion soums, or $955.3 million).

At the same time, non-interest income reached 6.5 trillion soums ($596 million), which is an increase of 2.7 times, compared to the specified period last year (2.5 trillion soums,or $222.3 million).

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