Uzbek Kapitalbank increased assets by 30 percent in 2013
Tashkent, Uzbekistan, March 4
By Demir Azizov- Trend:
The open joint-stock commercial Kapitalbank of Uzbekistan, included in the group of medium banks of the republic, increased its assets in 2013, calculated according to national accounting standards (NAS) by 35 percent compared to the corresponding figure in 2012, up to 963.1 billion soums, the bank's management told Trend on March 3.
The loan portfolio increased by 40 percent last year to 329.1 billion soums and equity by 43 percent up to 72.7 billion soums.
The net profit of Kapitalbank amounted to 14 billion soums on the 2013 results compared to 3.74 billion soums in the previous year, a 3.7 times increase.
Kapitalbank was established in May 2000 in the form of a private joint stock bank.
Largest shareholders according to the bank are Express Leasing with 19.82 percent and Markaz Yog at 15.13 percent.
The Uzbekistan banking system is currently represented by 27 banks, including three state, four with foreign capital, 11 joint-stocks and nine private.
Uzbek banks' total assets increased 30.2 percent to 43.9 trillion soums, the total loan portfolio by 29.9 percent up to 26.5 trillion soums and aggregate bank capital by 4.8 percent up to 6.5 trillion soums in 2013 compared to 2012.
Translated by S.I.
Edited by S.M.