Tashkent, Uzbekistan, Dec. 26
By Mamed Dashdemirov – Trend:
Uzbekistan’s Trustbank PJSB signed an agreement with Inco-Construction LLC, a repair and construction company, for capital reconstruction of the bank’s head office in Tashkent.
The project cost is 42.28 billion soums. The head office of the Trustbank PJSB is located in the central part of Tashkent on the Alisher Navoi Street.
The reconstruction of the head office is planned to be completed in the spring of 2018. The bank’s head office will be included to a complex of buildings of over $1 billion worth Tashkent City business center, which is under construction. Germany’s Drees & Sommer consulting company is the consultant of the Tashkent City project.
Trustbank PJSB was established in 1994 and presently serves 212,200 private and 19,900 corporate clients.
In January-September 2017, net profit of Trustbank PJSB reached 48.5 billion soums, which is 69.6 percent more than in the same period of 2016. The bank’s assets grew 4.4 percent since the beginning of the year to 1.466 trillion soums, its credit portfolio grew 40.3 percent to 767.5 billion soums and equity capital increased by 30.1 percent to 214 billion soums.
(8,120.07 soums = $1 on Dec. 26)