Uzbek banks’ total assets triple in 2013
Tashkent, Uzbekistan, Jan.20
By Demir Azizov- Trend:
The total assets of Uzbek commercial banks increased by 30.2 percent as of 2013 amounting to 43.9 trillion soums compared to 33.7 trillion soums as of Jan.1, 2013, a source in the republic's financial management told Trend on Jan.20.
The total loan portfolio of the republic's banks increased by 29.9 percent and amounted to 26.5 trillion soums in 2013.
The volume of loans issued for the implementation of investment projects increased by 1.3 times, to 7.2 trillion soums in 2013. A similar increase was observed in the volume of loans issued to small business and private entrepreneurship subjects. (6.9 trillion soums).
The aggregate bank capital increased by 4.8 percent amounting to 6.5 trillion soums in 2013 compared to 6.2 trillion soums as of Jan.1, 2013.
The volume of deposits attracted by the republic's banks increased by 14.5 percent and amounted to 26.1 trillion soums in 2013.
Currently some 27 commercial banks operate in Uzbekistan's banking system, including three state banks, four banks with participation of foreign capital, 11 joint-stock banks and nine private banks.
The total assets of Uzbek banks increased by 30 percent in 2012 and amounted to 33.7 trillion soums, the total loan portfolio by 30.5 percent amounting to 20.4 trillion soums and the aggregate bank capital by 24.3 percent, to 6.2 trillion soums.
The official exchange rate on Jan.20 is 2203.29 soums/$1
Translated by L.Z.
Edited by S.M.