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Uzbek banks' assets up by 27 percent

Business Materials 20 July 2010 09:58 (UTC +04:00)

Uzbekistan, Tashkent, July 20 / Trend D.Azizov /

The Uzbek commercial banks' total assets increased by 27.2 percent up to 19.969 trillion soums in the first half of 2010 compared to the same period of 2009, the Central Bank of Uzbekistan reported.

The aggregate bank capital increased by 12.1 percent - up to 3.375 trillion soums as of July 1, 2010.

The total amount of credits allocated to the real economy amounted to 11.148 trillion soums (30.3 percent increase).

The total balance on deposit accounts of the population grew by 33.8 percent.

The Uzbek banking system is represented by 32 banks, including three state banks.

In 2009, The Uzbek banks' total assets grew by 30.2 percent up to 15.703 trillion soums, loan portfolio - 34.3 percent - up to 8.557 trillion soums and capital - 38.7 percent up to 3,104 trillion soums.

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