Finance

Kapitalbank’s net profit surpasses 1.8 trillion soums in 2024

Kapitalbank’s net profit surpasses 1.8 trillion soums in 2024
Kapitalbank’s net profit surpasses 1.8 trillion soums in 2024

Tashkent, Uzbekistan (UzDaily.uz) — Kapitalbank reported a net profit exceeding 1.8 trillion soums under IFRS for 2024, marking an 8% increase compared to the previous year.

The bank’s assets grew by 13.4% over the year, reaching 47.1 trillion soums. Equity rose by 38.3% to 5.7 trillion soums, while retained earnings surged by 45% to 4.8 trillion soums.

Interest income increased by 41.7% to 6.8 trillion soums, while commission income grew by 17.4%, reaching 5.7 trillion soums.

The volume of individual deposits saw a 37.2% increase, hitting a record 21.4 trillion soums. Meanwhile, the loan portfolio expanded by 6.3% to 31.6 trillion soums.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.