The uzA+ rating reflects high level of solvency of the bank and low level of credit risks in its activities. The uzA+ rating holders have very high potential to execute its financial liabilities before creditors, depositors and investors in time and fully.

The Uzpromstroybank rating reflects existence of full state support, wide popularity and recognizability of the brand, strong position of the bank in the market, good quality of assets, sustainable liquid position and adequate capitalization, as well as positive financial results in 2010.

Updated rating of Uzpromstroybank also takes into account fast growth of assets and related risks, significant level of industrial and clientele concentration of the bank’s business, as well as potentials risks, related with the growth strategy and possible purchase of new assets. At the same time, the rating takes into account that Uzpromstroybank is the bank with state participation and has important role in ensuring financial activity of local corporate sector in basic industries of the country, first of all due to providing long-term loans to carry out capital investments. The rating takes into account sustainable positions of Uzpromstroybank in internal market and their strengthening due to good perspective of growth, favourable macroeconomic situation and strong state support.

Uzpromstroybank is one of leaders of the banking sector of Uzbekistan on main figures. In 2010, the assets of the bank increased by 20.74% year-on-year to 1.9 trillion soums in 2010. The bank was on the third place among Uzbek bank on their assets.

The volume of net loan portfolio of Uzpromstroybank in 2010 made up 1.405 trillion soums (1.261 trillion soums in 2009) and its share in total assets of the bank reached 73.8%. The loan portfolio also grew by 6.27% year-on-year in the second quarter of 2011 and it share in total assets reached 69.3%. Strategy of Uzpromstroybank is significantly directed at corporate market.

In 2010, the level of loan concentration remained at significant level, but Ahbor-Reyting considers its more diversified compared to similar banks. As of 1 January 2011, the loans issued to 20 large debtors made up 814.4 billion soums or 58.6% of aggregate loan volume.

At the same time, the maximum size of risks for all large loans of the bank was 4.88 at normative level of 8. Industrial structure of loan portfolio of Uzpromstroybank reflects strategic priorities of the Government, which explains significant role of the bank in financing of economy.

According to audited report of the bank, the main share of loans were issued to machinery and other sectors (50.48%), construction and construction materials (18.83%), transport (12.72%), trade and food companies (8.29%).

In 2010, Uzpromstroybank demonstrated significant income from its main activities. In the reporting period, income-bearing assets of the bank rose 14.22% and reached 80.95% of total assets of the bank. The liabilities, requiring interest expenses, rose by 23.34% year-on-year.

Achieved growth of balance figures of Uzpromstroybank also impacted to net interest margin and interest spread of the bank.