Aggregate capital of Uzbek banks grows by 24.4% in 1Q

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Finance 23/04/2012 Aggregate capital of Uzbek banks grows by 24.4% in 1Q

Aggregate capital of Uzbek banks grows by 24.4% in 1Q

Tashkent, Uzbekistan (UzDaily.com) -- Aggregate capital of commercial banks of Uzbekistan grew by 24.4% year-on-year in the first quarter of 2012 and reached 5.632 trillion soums as of 1 April 2012. This was announced at the session of the board of the Central Bank of Uzbekistan, which was dedicated to the activities of the banking system in the first three months of 2012.

Total assets of the bank rose by 28.9% year-on-year in January-March 2012 and made up over 29.54 trillion soums.

In the reporting period, total volume of loans, directed to real sector of economy, exceeded 17.102 trillion soums or grew by 31.7% year-on-year. The volume of loans, issued to investment purpose, rose by 48.5% year-on-year to 1.427 trillion soums.

The volume of loans, allocated to small businesses, grew by 36.8% year-on-year to 1.185 trillion soums, of which 238 billion soums were microloans.

In January-March 2012, the banks attracted over 18.826 trillion soums to deposits, which grew by 30.5% year-on-year. The volume of population deposits rose by 30.1% to 6.264 trillion soums.

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