Central Bank reported on sharp increase in the volume of loans of individuals in January-March 2019

In the first quarter of 2019, the volume of loans of individuals amounted to 26.7 trillion soums, the Central Bank informed.

The growth, compared to the same period in 2018, was 82%, and from the beginning of the year - 9%.

The share of problem loans in the structure amounted to 65 billion soums, having increased over the past period of the current year by 38 billion soums or by 1.4 times. 

The CB notes that the share of problem loans of individuals remains low and amounts to only 0.2%.

Earlier, a review of consumer credit conditions in Uzbekistan’s banks has been published.