In January–March 2025, the combined profit of Uzbekistan’s banks exceeded 3.41 trillion UZS — a 43.5% increase compared to the same period last year.

Many domestic banks are state-owned and function not only as commercial entities but also as institutions for economic development. As a result, they receive substantial government support, which makes it difficult to assess their profitability in purely market-driven terms.

The seven most profitable banks in Q1 2025 were:

  • National Bank of Uzbekistan (NBU) – 467.9 billion UZS
  • Uzsanoatqurilishbank – 403.98 billion UZS
  • Hamkorbank – 393.4 billion UZS
  • Orient Finans Bank – 282.12 billion UZS
  • Ipak Yuli Bank – 280.43 billion UZS
  • Kapitalbank – 276.35 billion UZS
  • Trustbank – 200.76 billion UZS

Nine banks reported profits between 50 billion and 200 billion UZS:

  • Business Development Bank – 196.35 billion UZS
  • KDB Bank – 149.03 billion UZS
  • Davrbank – 129.81 billion UZS
  • Anorbank – 117.03 billion UZS
  • Asia Alliance Bank – 109.16 billion UZS
  • Octobank – 108.5 billion UZS
  • Universal Bank – 72.97 billion UZS
  • Alokabank – 72.21 billion UZS
  • InfinBank – 68.52 billion UZS

Fourteen financial institutions earned less than 50 billion UZS:

  • People’s Bank – 39.58 billion UZS
  • Uzum Bank – 37.8 billion UZS
  • TBC Bank – 31.88 billion UZS