Uzbek banks’ assets jump 32 percent

Business Materials 25 January 2011 12:35

Uzbekistan, Tashkent, Jan. 25 / Trend D.Azizov /

The total assets of Uzbek commercial banks increased by 32.1 percent to 20.739 trillion soum in 2010 compared to 2009, the Central Bank of Uzbekistan reported.

Their total loan portfolio increased by 35 percent to 11.539 trillion soum.

Their aggregate bank capital increased by 36.2 percent to 4.1 trillion soum as of Jan. 1, 2011.

Their total deposit account balance of the population grew by 52.6 percent to 4.446 trillion soum.

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

In 2009, the total assets of Uzbek banks grew by 30.2 percent to 15.703 trillion soum, loan portfolio by 34.3 percent to 8.557 trillion soum and capital by 38.7 percent to 3.104 trillion soum.