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About the Research

Strategy and Research department of RB ASIA conducted research of Banking sector of Uzbekistan, which includes current condition of the market, recent reforms and future potential of the industry. 


The objectives of the research were to review the volume of the market, its prospects, to analyse dynamics of the financial sector and its key performance indicators, as well as a overview of the ongoing reforms in this sector in the Republic of Uzbekistan.

Key highlights

Overall, there are 29 banks in Uzbekistan, while Top-3 state-owned banks account for 55% of total assets - National Bank of Uzbekistan, Uzbek Industrial and Construction Bank, Asaka Bank.


The share of the 7 largest banks is 78% of the market.

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