Interest rates on deposits in Uzbek soums continue to decline.
In April, the average rate on term deposits in the national currency stood at 17.4%, which is 2.1 percentage points lower than a year earlier. At the same time, thanks to slowing inflation, the real return on deposits remains high.
📌 The average rate on foreign-currency deposits decreased to 4.1%.
📌 The interest rate on loans in Uzbek soums remained at 19.7%.
📌 The rate on foreign-currency loans increased to 10.2%.
This is another reason to pay attention to stocks and bonds: despite carrying a higher level of risk, they may offer potentially higher returns compared to traditional bank deposits.
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