Tuesday, 25, June, 2024

The Khalq Bank has suspended lending due to an increase in the share of non-performing loans, the bank said in a statement.

"However, in the coming days, the issance of loans will be resumed through the returned funds," the statement said.

The restriction do not apply to soft loans provided under government programs.

According to statistics from the Central Bank, as of July 1, the share of non-performing loans in Xalq Bank's portfolio is at 15% (3.2 out of 21.3 trillion soums), which is the second figure among banks with a government stake after Uzagroexportbank (62.6 %). However at the beginning of June, the share of Halyk Bank's NPL stood at 6% (1.26 out of 20.9 trillion soums).

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