Tashkent, Uzbekistan (UzDaily.com) -- The net profit of KDB Bank in the first quarter of this year reached 108.9 billion soums, which is 19.2% more than in the same period in 2023, the bank’s quarterly report notes.

The bank’s assets during this period increased by 23.3%, amounting to 10.1 trillion soums.

The bank’s capital increased to 1.4 trillion soums, which is 42.9% more than in the first quarter of last year.

The bank’s interest income increased by 44.2% and amounted to 171.2 billion soums, while non-interest income decreased by 1.6% and reached 42.6 billion soums.

The bank’s operating expenses increased by 15.9% and amounted to 32.8 billion soums.

According to the Central Bank, by 1 March, the bank’s loan portfolio reached 2.7 trillion soums, which is 32% more than last year. KDB Bank has no overdue loans.