For reference: As of August 1, 2025, commercial bank assets totaled 852.4 trillion soums, of which 553.1 trillion soums (65%) were held by 9 state-owned banks and 299.2 trillion soums (35%) by other banks. The commercial bank loan portfolio totaled 576.2 trillion soums, of which 392.5 trillion soums (68%) were held by state-owned banks. Over the first seven months of this year, bank assets increased by 83.1 trillion soums (+10.8%), and the loan portfolio by 43.1 trillion soums (+8%). 

During the audit, were identified shortcomings in the banks' efforts to collect problem loans. For example: 

– The volume of problem loans increased in the first seven months of this year at state-owned banks: Uzsanoatskurilishbank, Mikrokreditbank, Milliybank, Alokabank, and Asakabank;

– As this August 1, the largest share of problem loans in the loan portfolio of state-owned banks was: 6.5% at Mikrokreditbank, 6.1% at Business Development Bank, and 4.8% at Asakabank;

– Some problem loans were reduced by transferring them to off-balance sheet accounts using bank funds without repayment;

– As of this August, 6 state-owned commercial banks had not created sufficient reserves to cover potential loan losses;

– Conflicts of interest were identified in loans granted to bank employees and related parties, resulting in overdue debt;

– Despite the borrower's employment and source of income, collection efforts for problematic and off-balance sheet debt were inadequate.

Following the audit, the COA issued recommendations for further improving the banks' performance in reducing problematic debt.