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Finance 12/05/2011 Asaka Bank’s net income hits 32.31bn soums in 2010
Asaka Bank’s net income hits 32.31bn soums in 2010
Tashkent, Uzbekistan (UzDaily.com) -- State joint stock commercial bank “Asaka” (Asaka Bank) received net income for 32.308 billion soums in 2010 against 23.142 billion soums in 2009m the financial report of the bank said.

The bank said the assets rose from 1.763 trillion soums in 2009 to 2.676 trillion soums in 2010. The growth rate made up 51.79%.

The loan portfolio increased by 59.43% to 1.521 trillion soums and liabilities rose by 61.45% to 2.317 trillion soums in the reporting period.

The bank’s capital grew by 9.33% to 358.767 billion soums. The charter capital of the bank increased from 334.121 billion soums to 349.721 billion soums.

State joint stock commercial bank “Asaka” was founded in 1995. Currently, main shareholders are Finance Ministry of Uzbekistan (66.65%), Uzavtosanoat (16.68%) and Fund for Reconstruction and Development of Uzbekistan (16.67%).

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