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National Bank for Foreign Economic Activity of the Republic of Uzbekistan (Uchastsbank)

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Financial results
2024 year
Revenue: No data
Net Profit: 134300 Ths. rub

Performance indicators

2024: Net income $135 million

Uchastsbank completed 2024 with a net profit of 1.7 trillion soums ($134.3 million), which is approximately the same as a year ago. The cost efficiency ratio was 30%. TAdviser got acquainted with such data of a credit institution in August 2025.

In the materials of Uchastsbank, it is noted that the bank significantly increased the total volume of payments to the state budget by 48% compared to 2023, reaching 1.545 trillion soums ($122.1 million). Of this amount, 1.531 trillion soums ($121 million) were sent to the republican budget and 14.4 billion soums ($1.1 million) to local budgets.

Net profit of Uzbekistan's largest bank, Uchastsbank, remained at $135 million at the end of the year

Uchastsbank was included in the prestigious list of the ten largest taxpayers in Uzbekistan, which emphasizes its significant contribution to the development of the national economy. The status of a large taxpayer demonstrates not only the financial stability of the institution, but also its role in shaping the country's budget revenues.

For the period from 2020 to 2024, the bank showed dynamic growth in key performance indicators. The loan portfolio of legal entities increased by 50%, which indicates the growing confidence of corporate clients in the financial institution.

The retail client portfolio showed a threefold increase over a four-year period, reflecting the bank's successful strategy to attract individuals. This growth was the result of the introduction of innovative financial products and the improvement of customer service.

The deposit portfolio of legal entities grew by 90% during the reporting period, demonstrating the strengthening of the confidence of the business community in the banking institution. The deposit base of individuals showed even more impressive dynamics with an increase of 286%.[1]

Notes