Improving the Transformation Process of Commercial Banks' Operations (OpenAlex (recherche mondiale))

Summary

• Between 1 January 2021 and 1 January 2026, total banking assets in Uzbekistan grew from UZS 366.1 trillion to UZS 925.0 trillion, achieving a compound annual growth rate of 20.4 percent.p.5
• On 1 August 2026, total assets of the banking system crossed 1 quadrillion so'm for the first time, reaching 1 016,6 trln so‘m.p.6
• The number of remote banking service users expanded from 4,5 mln in 2017 to 82,9 mln at the end of 2025.p.10
• Despite sector expansion, state-owned banks retained a 63.5 percent share of total banking assets at the end of 2025.p.5

Key insights

1. Total assets of the banking sector grew at a compound annual growth rate of 20.4 percent between 1 January 2021 and 1 January 2026.p.5
2. As of 1 August 2026, banking system assets surpassed 1 quadrillion so'm for the first time to reach 1 016,6 trln so‘m.p.6
3. State-owned banks maintained a 63.5 percent share of total assets at the end of 2025, indicating strategic privatization targets have not been fully achieved.p.5
4. Remote banking users increased from 4,5 million in 2017 to 82,9 million at the end of 2025, representing a compound annual growth rate of 43,9 %.p.10
5. Mobile banking transaction volume grew 60 % in 2025 to reach 646 trln so‘m.p.10