Uzbekistan's Alokabank reported a 21.4% year-on-year increase in net profit for the first half of 2026, supported by continued expansion of its lending portfolio. According to the bank's financial results, net profit reached 252 billion soums (about $20.7 million) in January–June, compared with the same period last year. At the same time, the bank's profit over the trailing 12 months increased at a more moderate pace of 2.8%, reaching 295.9 billion soums (around $24.3 million). While the bank expanded its loan portfolio by 41.9%, net profit grew at a slower 21.4%, suggesting that earnings growth has not fully kept pace with credit expansion. Overall, the figures suggest that Alokabank continues to prioritize lending growth while maintaining credit risks within broadly acceptable levels.