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Finance 23/05/2012 UT-Bank’s net income grows to 4.018 billion soums in 2011
UT-Bank’s net income grows to 4.018 billion soums in 2011
Tashkent, Uzbekistan (UzDaily.com) -- Closed joint stock “Uzbek-Turkish Bank” increased its net income from 1.759 billion soums in 2010 to 4.018 billion soums in 2011.

According to the annual report in line with international standards of financial reporting, the assets of the bank grew from 137.437 billion soums in 2010 to 202.806 billion soums in 2011. Loans to clients decreased from 4.025 billion soums in 2010 to 2.751 billion soums in 2011.

The bank’s liabilities exceeded 165.38 billion soums in 2011 against 118.802 billion soums in 2010, the report said. Resources of clients rose from 103.806 billion soums in 2010 to 165.033 billion soums in 2011.

Own capital of the bank reached 37.425 billion soums in 2011 against 18.635 billion soums in 2010. The charter capital rose from 9.252 billion soums to24.024 billion soums in the reporting period.

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