According to data published by the Central Bank of Uzbekistan, the weighted average interest rate for microloans issued by commercial banks in Uzbekistan was 28.2%. Meanwhile, average rates for car loans reached 21.5%, and for mortgage loans—21.8%.
This data is current as of September 28, 2026, and reflects lending rates recorded over the previous ten working days. The largest spread in rates was observed specifically in the microloan market, which provides unsecured loans to individuals to meet consumer needs.
The lowest average microloan rates were offered by Microcreditbank (21.8%), Infinbank (24%), Asia Alliance Bank (24.2%), and Trustbank (24.5%). Banks Agrobank, National Bank, and Aloqabank set the rate at 24.9%. On the other hand, the highest rates were recorded at TBC Bank (40.7%), AVO Bank (39.9%), and Uzum Bank (38%). The average rate at Ipak Yuli Bank was 35.5%, and at Tenge Bank—35.3%.
The Central Bank noted that banks offer microloans under preferential conditions through digital platforms and partnership programs, including products for entrepreneurs, salary advances for borrowers, and loans that take into account the client's credit history. Consequently, average rates may differ from those applied to standard bank products.
Car loan rates ranged from 18.6% to 25.2%. The lowest rates for targeted vehicle purchase loans were offered by Aloqabank and Asakabank, both at 18.6%. Their offers were followed by Ipoteka Bank (20%), Apex Bank (20.2%), and National Bank (20.4%). The maximum rates were recorded at Davr Bank and Asia Alliance Bank, at 25.2%, followed by Agrobank (24.7%) and Halk Bank (24%).
The regulator also explained that average car loan rates may differ from current bank offers because, within agreements with car manufacturers, banks provide loans at reduced rates depending on the size of the down payment.
For mortgage loans, the lowest rates were offered by National Bank and Business Development Bank, both at 20.8%. Next were Uzpromstroybank (SQB) with a rate of 21%, Orient Finans Bank (21.1%), and Asakabank (21.2%). The highest mortgage rates were registered at Asia Alliance Bank (26%), Davr Bank (25.3%), and Apex Bank (25%).
Average mortgage rates include loans for secondary housing, financed by the banks' own funds and funds from the Mortgage Refinancing Company.
The average rate for corporate loans for the acquisition of fixed assets, including buildings, equipment, and vehicles, was 22.2%. The lowest rates were offered by National Bank and Uzpromstroybank, both at 19.3%, followed by Agrobank (19.8%). The highest rates were set by Garant Bank (28%) and Universal Bank (26.2%).
Working capital replenishment loans were issued at an average rate of 23.5%. Minimum rates were offered by National Bank (20.6%), Apex Bank (20.8%), and Infinbank (21.1%). The highest rates were set by Tayanch Bank (32.8%), TBC Bank (32.3%), and Hayot Bank (28.9%).
Regarding business loans, the final interest rate is determined individually for each client, taking into account the project implementation period, collateral liquidity, the bank's credit policy, and market conditions. Overall, the average interest rate for individual loans, excluding microloans and credit cards, and for corporate loans was 23%.
