Currency rates from 30/09/2024
$1 – 12715.42
UZS – -0.17%
€1 – 14190.41
UZS – -0.02%
₽1 – 137.00
UZS – -0.44%
Search
Finance 07/02/2013 Aggregate capital of People’s Bank grow by 17.2%
Aggregate capital of People’s Bank grow by 17.2%
Tashkent, Uzbekistan (UzDaily.com) -- State commercial People’s Bank of Uzbekistan, one of largest banks of the country, increased its aggregate capital by 17.2% year-on-year in 2012 to 274.5 billion soums.

The press service of the bank said that its assets rose by 32.8% year-on-year to 2.148 trillion soums in the reporting period.

Charter capital of People’s Bank increased up to 200 billion soums in 2012 due to placement of additional shares.

Total volume of loan portfolio of People’s Bank grew by 41% to 1.072 trillion soums, of which 152.7 billion soums (14.2%) are short-term and 918.2 billion soums (85.8%) – long-term loans.

In 2012, People’s Bank issued loans for 424.1 billion soums to small and private businesses, including 116.3 billion soums - to finance trade activities, 64.2 billion soums – agriculture, 54.9 billion soums – communal sector, and 51 billion soums – to industry sector.

Industry and agriculture sector were two top sectors, which received loans from People’s Bank. Within the programme on development of fruit and vegetable production, as well as cattle breeding, the bank issued loans for 42 billion soums.

People’s Bank also participates in co-finning large investment projects. In 2012, the bank directed 304.6 billion soums to finance large investment projects.

The bank also issued 112 billion soums to individuals. Currently, the bank offers seven credit products. Mortgage loans are the most demanded loan product. The bank issued 50.8 billion soums of mortgage loans, of which 17.5 billion soums were issued to young families.

Total volume of deposits, without inter-banking investments, made up 1.628 trillion soums, or rose by 45% in 2012. Population resources grew by 33.5% to 1.018 trillion soums in 2012.

Share of population resources in total deposits makes up 62.5%. AT the same time, 78% of population deposits are saving deposits.

People’s Bank issued deposit certificates for 100 billion soums to expand its resource base in 2012. So far, it placed shares for 50.3 billion soums.

The Uzbek bank said it launched six deposits and attracted 62.7 billion soums to these products. Currently, the bank offers 19 deposit products.

Number of issued banking payment cards made up 1.175 million as of the end of 2012. Number of installed POS-terminals and readers reached 17,770. The balance on the banking cards made up 86.8 billion soums. The bank installed 22 ATMs and 74 infokiosks.

Stay up to date with the latest news
Subscribe to our telegram channel