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Finance 06/02/2020 Mortgage loans allocated by commercial banks to individuals
Mortgage loans allocated by commercial banks to individuals

Tashkent, Uzbekistan (UzDaily.com) - In 2019, commercial banks allocated 67,261 mortgage loans to individuals in the amount of 7.9 trillion  soums (an increase compared to 2018 made up 66.6 percent or 3.2 trillion soums), the Central Bank press service reports.

During this period, the highest growth in mortgage lending indicators was observed in the city of Tashkent (960 billion soums), as well as Tashkent (535 billion soums), Jizzakh (304 billion soums) regions and the Republic of Karakalpakstan (283 billion soums).

In 2019, of the total volume of allocated mortgage loans, 96.5 percent (7.7 trillion soums) were directed to the primary market, 3.5 percent (265 billion soums) - to the secondary market.

As part of mortgage loans, the share of loans allocated on a preferential basis (within the refinancing rate) amounted to 83.2 percent (6.6 trillion soums), the share of loans allocated at market rates reached 16.8 percent (1.3 trillion soums).

Of the mortgage loans provided to individuals in 2019, 4.8 trillion soums (6.1 percent) allocated from centralized resources, 3.1 trillion soums (39 percent) from the resources of commercial banks.

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