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Finance 24/04/2012 Savdorgar Bank gets net income for 6.306bn soums in 2011
Savdorgar Bank gets net income for 6.306bn soums in 2011
Tashkent, Uzbekistan (UzDaily.com) -- An Uzbek-German open joint stock commercial bank “Savdogar” received net income for 6.306 billion soums in 2011 against 2.099 billion soums in 2010.

According to financial reports of the bank in line with the international financial reporting standards, the assets of the bank rose from 198.442 billion soums in 2010 to 199.447 billion soums in 2011. Money resources fell from 76.428 billion soums in 2010 to 42.607 billion soums in 2011.

Loans and advance payments to clients reached 126.565 billion soums in 2011 compared to 97.627 billion soums in 2010. Fixed assets grew from 15.883 billion soums to 19.507 billion soums in the reporting eriod.

Liabilities of Savdogar Bank exceeded 169.847 billion soums in 2011 against 177.781 billion soums in 2010, the report said.

The bank’s own capital rose from 20.641 billion soums in 2010 to 29.63 billion soums in 2011. The charter capital grew from 27.459 billion soums in 32.981 billion soums in the reporting period.

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