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Net profit of Uzbekistan’s biggest bank grows

Business Materials 19 December 2017 19:57 (UTC +04:00)

Tashkent, Uzbekistan, Dec. 19

By Mamed Dashdemirov – Trend:

The net profit of the National Bank for Foreign Economic Activity of Uzbekistan grew 5.9 times in January-September 2017 compared to the same period of 2016, and reached 446.9 billion soums.

The bank’s assets grew 2.6 times in the first nine months of this year and amounted to 48.265 trillion soums.

The bank’s loan portfolio grew 2.8 times, to 32.543 trillion soums. Its equity capital increased 2.5 times, to 4.307 trillion soums.

The National Bank for Foreign Economic Activity of Uzbekistan was established in 1991.

(8,101.62 soums = $1 on Dec. 19)

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