Trust Bank’s net income reaches 17.784bn soums in 2011

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Finance 23/05/2012 Trust Bank’s net income reaches 17.784bn soums in 2011

Trust Bank’s net income reaches 17.784bn soums in 2011

Tashkent, Uzbekistan (UzDaily.com) -- Net income of private open joint stock exchange bank “Trustbank” grew from 12.488 billion soums in 2010 to 17.784 billion soums in 2011 (+42.40%), the financial report of the bank said.

The bank’s report said that the assets grew by 20.38% year-on-year to 462.837 billion soums in 2011.

Loan portfolio grew by 57.09% from 79.895 billion soums in 2010 to 125.514 billion soums in 2011, liabilities – by 18.55% from 413.837 billion soums.

Capital of Trustbank grew by 28.11% to 49.688 billion soums. The charter capital of the bank rose from 16.712 billion soums to 18.712 billion soums. Undistributed income made up 30.471 billion soums in 2011 against 19.264 billion soums in 2010.

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