Baku, Azerbaijan, Jan. 27
By Nigar Guliyeva – Trend:
The total volume of credit investments of Uzbekistan's private joint-stock bank "Trustbank" amounted to 839 billion soums in 2017.
The figure was announced at an expanded meeting of the bank dedicated to the results of activities in 2017 and priority areas for 2018.
As of Jan. 1, 2018, the bank's assets amounted to 1.8 billion soums, showing an increase of 396 billion soums compared to Jan.1,2017.
The level of the bank's total capital is 220 billion soums, with an increase of over 56 billion soums over the year.
The volume of investment loans compared to the same period last year increased 1.6 times and amounted to more than 153 billion soums.
The volume of loans allocated to small businesses increased 1.3-fold compared to the previous year, and as of Jan.1, 2018, it amounted to about 450 billion soums.
In turn, the volume of loans provided by the bank to support women's entrepreneurship grew by 1.2 times compared to the previous year and reached 51 billion soums as of Jan, 1,2018.
In addition, during the reporting period, the total volume of deposits increased by 29 percent compared to 2016 and as of Jan. 1, 2018 amounted to 1.473 trillion soums.
To date, the bank issued more than 219,000 plastic cards, which increased by 36,953 units compared to 2016.
PJSB "Trustbank" was established in 1994 and presently serves 212,200 private and 19,900 corporate clients.