Fitch has assigned Uzum Holding a "B" rating with a positive outlook for the first time

On July 11, 2025, Fitch assigned Uzum Holding a “B” rating with a “Positive” outlook. The holding, which serves 16 million people, demonstrates stability due to its positive cash flow, 11% margin, and diversified portfolio. 🏦 The subsidiary, Capitalbank, holds a 6% market share in loans and demonstrates high profitability. Problem loans account for 4.5%, but the portfolio is secured. 📊 Debt/capital decreased to 6.7x, while capital increased by 33%.