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Uzbek banks allocate preferential mortgage loans worth 4.8 trillion soums in 10 months

During 10 months of 2019, commercial banks of Uzbekistan allocated mortgage loans to 41 thousand individuals. The volume of loans amounted to 5.9 trillion soums, which is more than last year (3.7 trillion. soums) by 37%.

The highest growth in mortgage lending was observed in the city of Tashkent, as well as in the Republic of Karakalpakstan, Tashkent, Surkhandarya and Samarkand regions. At the same time, the volume of mortgage loans significantly decreased in Fergana, Jizzakh, Syrdarya, Navoi and Khorezm regions.

Of the total volume of mortgage loans 99% (more than 5.8 trillion soums) was channeled to the primary market, 1% (61 billion soums) - to the secondary market.

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