The activities of the Central Bank was directed at ensuring sustainable development and reliability of the banking system of Uzbekistan and expansion of financial support of high economic growth, macroeconomic balance, modernization and diversification of economy.
It was underlined that gradual and targeted reforming of the banking system of Uzbekistan helped to ensure high tempo of growth of capitalization and deposit base of the banks, strengthen sustainability of the banks and achieve high international figures, expand the volume of crediting of real sector economy.
The capital adequacy of the banking system exceeds three times of set minimal international standards, liquidity – 2.2 times. The assets of the bank and total volume of credits, directed to real sector of economy, rose by 30% in the reporting period.
At the same time, share of credits, issued for investment goals, rose by 1.25 times. The sum of loans, allocated to small businesses, exceeded 7 trillion soums, which rose by 1.3 times year-on-year, in 2013. The microloans rose by 1.3 times year-on-year to 1.4 trillion soums in 2013. The deposits at the commercial banks rose 30.2% in 2013.
Senators underlined that the Central Bank of Uzbekistan should undertake measures to implement monetary-credit policy, stable economic growth, mobilize existing reserves and opportunities.
Special attention should be paid to improving banking supervision, financing projects, directed at social-economic development of the regions, creation of new jobs, etc.