According to spot.uz, the average yield on sum deposits stood at 17.2% at the end of September, with rates falling by 2.1% year-on-year.
Since the beginning of the year, rates have dropped by 1.7%. Yields on deposits with maturities under one year reached 14.2% (down 3.4% from last year), while long-term deposits yielded 18.1% (down 1.7% from a year ago).
For retail depositors, sum deposits are offered at an average rate of 18.4%—nearly 3 percentage points below last year’s level. Short-term deposits stood at 15.6%, and long-term deposits at 18.8%.
Meanwhile, foreign currency deposit yields dropped to 4.4% following a spike to 5.5% in September. Foreign currency deposit rates for individuals remained at the August level of 5.4%, while rates for businesses fell to 2.8%.