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Domestic Systemically Important Banks for 2025

Update date: 13 Nov 2024, 13:14
13 Nov 2024

In accordance with the regulation “On the Procedure for Determining Systemically Important Banks” (Decision No. 4/13 dated February 18, 2023), the Central Bank of Uzbekistan has designated domestic systemically important banks (D-SIBs) for 2025. As of October 1, 2024, D-SIBs accounted for 67 percent of the total assets in Uzbekistan’s banking system.

Key criteria for identifying D-SIBs include:

  • Size
  • Interconnectedness
  • Substitutability
  • Complexity

Following a thorough assessment, the Banking Supervision Committee has designated the following banks as systemically important for 2025:

  • JSC “NBU”
  • JSCB “Agrobank”
  • JSCB “Uzsanoatqurilishbank”
  • JSC “Xalq banki”
  • JSCMB “Ipoteka-bank”
  • JSCB “Kapitalbank”
  • JSC “Asakabank”

D-SIBs will be subject to enhanced supervision. The solvency of systemically important banks is crucial for strengthening the stability of both the financial system and the broader economy.

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