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Finance 18/07/2016 Aggregate capital of Uzbek banks exceeds 8.5 trln. soums
Aggregate capital of Uzbek banks exceeds 8.5 trln. soums
Tashkent, Uzbekistan (UzDaily.com) -- Aggregate capital of the banks of Uzbekistan reached 8.6 trillion soums as of 1 July 2016, which rose by 23.3% compared to the same period of 2015. This was announced at the expanded session of the Board of the Central Bank dedicated to the results of the activities of the banking system in the first half of 2016.

Current level of capital adequacy of the banking system makes up 23.57%, 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 64.5%, which is twice higher compared to minimal level, set in international practice.

Aggregate assets of the commercial banks of Uzbekistan grew by 25.1% year-on-year in January-June 2016 and made up over 73.4 trillion soums.

Total volume of loans, directed in real sector of economy, increased by 26.2% year-on-year in January-June and reached 48 trillion soums.

The volume of investment loans grew by 1.2 times year-on-year in the reporting period and as of 1 July 2016 made up 5.8 trillion soums.

The volume of issued loans to small businesses rose 1.3 times year-on-year in the first half of 2016 and reached 8.3 trillion soums as of 1 July 2016, of which over 1.8 trillion soums were microloans, which grew by 1.3 times year-on-year.

About 897 billion soums of loans were directed to support businesswomen, which rose by 1.3 times year-on-year in the reporting period.

The commercial banks issued 176.5 billion soums to support graduates of colleges in January-June 2016, which rose by 1.3 times year-on-year.

The deposits at the banks rose by 27.7% year-on-year in the first half of 2016 and exceeded 40.1 trillion soums as of 1 July 2016.

Currently, commercial banks issued over 18.2 million banking cards and installed 200,800 POS-terminals.

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