Tashkent, Uzbekistan, Jan. 24
By Mamed Dashdemirov – Trend:
Assets of Uzbekistan’s joint-stock commercial Ipoteka Bank increased by 2.4 times and reached 13.4 trillion soums in January-December 2017, Head of the bank’s Economic Analysis and Strategic Development Department Ismoil Turopov told Trend.
In particular, the bank’s loan portfolio rose by 2.3 times to 10.5 trillion soums during the period, including long-term loans that increased by 2.4 times to 10.4 trillion soums.
The balance of Ipoteka Bank’s deposit accounts increased by 2.1 times over the past year and amounted to 5.5 trillion soums, including household deposits that rose by 1.5 times to 1.2 trillion soums.
Total capital of the bank increased by 2.7 times to 1.26 trillion soums in 2017, including the authorized capital that rose by 3.1 times up to 846 billion soums.
Ipoteka Bank was established in 2005, and as of October 1, 2017, it was the fourth big bank of Uzbekistan in terms of assets and the seventh – in terms of capitalization.
(1 USD = 8,163.93 UZS on Jan. 24)