Despite the overall increase in lending across the country, the agricultural sector accounted for a smaller share of the bank lending structure. While agriculture previously accounted for 8.3% of all new loans, this figure fell to 7.8% at the end of the nine-month period.

Dynamics of som and foreign currency lending

Loans in the national currency were the main growth driver. Banks increased lending for agricultural needs by 3.8 billion som, bringing the total amount of som loans to 34.3 billion som. Meanwhile, there is a sharp reduction in foreign currency lending volumes.

Agricultural lending indicators

34.6billion som, total loans to the agro-sector
10.3%year-on-year growth
3.2billion som, monetary increase
15.68%average som loan rate

foreign currency lending904 million som324 million som −64%

According to statistics, the weighted average rate on new som loans for agricultural producers decreased from 17.12% to 15.68%. At the same time, the total volume of new bank loans in the republic grew by 17.1%, reaching 444.4 billion som.