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Uzbekistan banks' 1H profit rises 69% as Ipoteka Bank leads
['Uzbekistan Economics Correspondent']
Trend – News from Azerbaijan, Georgia, Kazakhstan, Turkmenistan, Uzbekistan, Iran and Turkey.
$117 million) in net profit during the first six months of the year.
The National Bank of Uzbekistan (NBU) ranked second with 1.2 trillion soums (about $100.3 million) in net profit, followed by Uzpromstroybank, which reported 1.1 trillion soums (around $91.9 million).
$81 million) in net profit, and Kapitalbank, which earned 834 billion soums (about $69.7 million).
The bank reported 651 billion soums (around $54.4 million) in net profit during the first half of 2026.
Ipoteka Bank alone contributed nearly 13% of the banking sector's 11 trillion soums (about $919.6 million) in net profit, underscoring the scale of its recovery since privatization.