Wednesday, 12, February, 2025

The size of consumer and car loans issued in 2024 decreased by more than half, the Central Bank said in a report. Car loans decreased by 2.14 times: for the whole of 2024, individuals took 17.08 trillion soums, or 1.3 billion USD, worth of loans.

Consumer lending also decreased - by 2.16 times, from 40.14 trillion soums, or 3 billion USD in 2023 to 18.54 trillion soums, or 1.4 billion USD in 2024.

In Q4 of 2024, the issuance of both types of loans fell by about a third compared to the end of 2023.

Meanwhile, mortgages in 2024 rose to 17 trillion soums compared to 16.8 in 2023, while microloans hiked to 45.8 trillion soums, 3.5 billion USD (28.7 trillion soums, or 2.2 billion USD in 2023).

Latest in National

07:04:00