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Finance 11/04/2014 Asaka Bank’s assets grow by 25.7% in 1Q
Asaka Bank’s assets grow by 25.7% in 1Q
Tashkent, Uzbekistan (UzDaily.com) -- State joint stock commercial bank Asaka (Asaka Bank) increased its assets by 25.7% year-on-year in the first quarter of 2014 to 4.844 trillion soums.

According to the bank, aggregate capital exceeded 720.3 billion soums in the first quarter of 2014, or grew by 16.1% year-on-year. The charter capital grew by 21.1% to 437.4 billion soums.

Credit investments grew by 31.6% year-on-year in the reporting period and reached 2.955 trillion soums. The volume of investment loans reached 1.459 trillion soums (+8.5%) and loans to small businesses – 935.8 billion soums (+27.4%).

The bank’s deposits made up 3.116 trillion soums as of the end of 2014 and grew by 25.5% compared to the same period of 2013.

The resources of the population exceeded 452.2 billion soums in the end of 2014, which increased by 28.9% compared to the same period of 2013.

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