Uzbek "Kapitalbank" increased assets 1.4 times in 2013
Tashkent, Uzbekistan, July 14
By Demir Azizov- Trend:
The Uzbek Joint Stock Commercial "Kapitalbank" increased its assets, calculated in accordance with the International Financial Reporting Standards (IFRS), by 39.8 percent up to 963.105 billion soums in 2013 compared to 2012, according to the balance sheet of the bank.
The bank's loan portfolio increased by 22.7 percent - up to 319.346 billion soums, the report said.
The liabilities of the "Kapitalbank" increased by 36.1 percent - up to 890.377 billion soums, including the total amount of deposit funds grew by 17.4 percent up to 698.279 billion soums.
The bank's equity grew by 2.1 times - up to 72.728 billion soums last year given the authorized capital of $43.35 billion soums (a growth of 27.8 percent).
As of 2013, the bank received a net profit of 14.016 billion soums versus 3.74 billion soums in the previous year (a growth of almost 3.8 times).
Kapitalbank was established in May 2000 in the form of a private joint stock bank. Express Leasing LLC and Markaz Yog JSC are the largest shareholders of the bank.
Kapitalbank's total assets increased 30.3 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.
The Uzbekistan banking system is currently represented by 27 banks, including three state, four with foreign capital, 11 joint-stocks and nine private.
The official exchange rate on July 14 - 2320.16 soum/$1.
Edited by CN