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Finance 27/04/2012 Ipak Yoli Bank receives net income for 12.84bn soums in 2011
Ipak Yoli Bank receives net income for 12.84bn soums in 2011
Tashkent, Uzbekistan (UzDaily.com) -- Open joint stock innovative commercial bank “Ipak Yoli” received net income for about 12.84 billion soums in 2011 against 8.137 billion soums in 2011, the financial report of the bank on international financial reporting standards said.

According to the report, the bank’s assets rose from 522.571 billion soums in 2010 to 638.846 billion soums in 2011.

The report said that loans and advanced payments rose from 182.777 billion soums in 2010 to 271.407 billion soums in 2011, net loans and advanced payments – from 172.136 billion soums to 255.556 billion soums.

Ipak Yoli Bank’s liabilities made up 582.701 billion soums in 2011 against 480.506 billion soums in 2011, the document said.

The deposits of the bank rose from 438.233 billion soums in 2010 to 523.882 billion soums in 2011. At the same time, the deposits on demand rose from 339.228 billion soums to 417.212 billion soums in the reporting period.

Saving deposits fell from 11.612 billion soums to 10.54 billion soums. The volume of term deposits was at the level of 75.263 billion soums. The deposit certificates’ volume jumped from 2.355 billion soums to 4.21 billion soums.

Own capital of the Ipak Yoli Bank reached 56.125 billion soums in 2011 against 42.064 billion soums in 2010. At the same time, the equality capital rose from 30.873 billion soums to 36.932 billion soums.

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