Tashkent, Uzbekistan, Nov. 3
By Demir Azizov – Trend:
Uzbekistan’s Rural Construction Bank (Qishloq Qurilish Bank), one of the biggest Uzbek banks, increased its assets calculated according to national accounting standards by 25.3 percent to 5.313 trillion soums (3102.18 soums/$1 on Nov. 3) in January-September 2016 compared to 2015, the bank told Trend Nov. 3.
The bank’s loan investment increased by 26.5 percent to 4.602 trillion soums during the period, some 79.3 percent (3.649 trillion soums) of which was directed to preferential mortgage loans.
The aggregate capital of the bank has increased by 9.7 percent to 473.7 billion soums since early 2016.
Qishloq Qurilish Bank was established in March 2009 by a decree of the Uzbek president. Its main shareholders are the Uzbek Finance Ministry (58.1 percent) and the Fund for Reconstruction and Development of Uzbekistan (23.7 percent).