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Finance 18/01/2016 Aggregate capital of Uzbek banks exceeds 7.8 trillion soums
Aggregate capital of Uzbek banks exceeds 7.8 trillion soums
Tashkent, Uzbekistan (UzDaily.com) -- Aggregate capital of commercial banks of Uzbekistan made up over 7.8 trillion soums as of 1 January 2016, an expended session of the Board of the Central Bank of Uzbekistan dedicated to the activities of the banking system in 2015 said.

Current level of capital adequacy of the banking system makes up 23.3%, which exceeds requirements of the Basel committee on international banking supervision three times (8%), the Central Bank of Uzbekistan said.

For last several years, level of liquidity of the banking system exceeds 64.6%, which is twice higher compared to minimal level, set in international practice.

The assets of the commercial banks of Uzbekistan grew by 25.1% year-on-year in January-December 2015 and made up over 65.2 trillion soums.

The volume of loans, directed to real sector of economy of Uzbekistan, rose by 27.3% year-on-year in January-December 2015 and made up over 42.7 trillion soums.

The commercial banks increased allocation of investment loans by 1.2 times year-on-year in 2015 and as of 1 January 2016 its volume made up over 10.2 trillion soums.

The volume of issued loans to small businesses rose 1.3 times year-on-year in 2015 and reached 12.1 trillion soums as of 1 January 2016, of which over 2.5 trillion soums were microloans, which grew by 30% year-on-year.

The loans issued to businesswomen grew by 1.3 times year-on-year in 2015 and exceeded 1.2 trillion soums, the regulator said.

The commercial banks issued 277. billion soums to support graduates of colleges in January-December 2015, which rose by 1.4 times year-on-year.

The deposits at the banks rose by 28% year-on-year in 2015 and exceeded 35.6 trillion soums as of 1 January 2016.

Currently, commercial banks issued over 16.3 million banking cards and installed 183,100 POS-terminals.

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