Uzbek bank Asaka’s assets up in 1H17

Business Materials 1 August 2017 14:35 (UTC +04:00)

Tashkent, Uzbekistan, Aug. 1

By Demir Azizov – Trend:

Assets of Uzbekistan’s State Joint Stock Commercial Bank Asaka, calculated in line with the national accounting standards, amounted to 13.561 trillion soums in January-June 2017, says the bank’s report.

As it was previously reported, the bank’s assets totaled 10.449 trillion soums in 2016.

Thus, Asaka’s assets have increased by 29.8 percent since early 2017.

The bank’s portfolio of loans, including leasing, amounted to 7.934 trillion soums during the period, growing by 49.2 percent as compared to 5.319 trillion soums in 2016.

The bank’s liabilities have gone up by 32.8 percent since early 2017, while total volume of its deposits have risen by 3.4 percent to 6.405 trillion soums.

Asaka’s equity capital increased by 12 percent in January-June 2017 standing at 1.147 trillion soums, including an authorized capital of 580.571 billion soums.

Asaka was created in 1996. In 2016, the bank’s assets, calculated in line with the national accounting standards, rose by 41.1 percent as compared to 2015 hitting 10.449 trillion soums, while its equity capital rose by 11.8 percent to 1.024 billion soums.