The financial services market in Uzbekistan grew by 19.6%

In the first quarter of 2025, the volume of financial services in Uzbekistan reached 36.4 trillion soums, marking a 19.6% increase compared to the same period last year, Kursiv.media reported.

The largest share corresponds to Tashkent city, accounting for 59.7% of the total market. The annual growth in this region was 24.4%.

S&P Global Ratings analysts predict the growth of digitization of financial services in Uzbekistan. The expansion of mobile and internet connectivity is contributing to this process.