Hamkorbank receives net profit for 106.14 billion soums in 2016
05/06/2017 10:45
Hamkorbank receives net profit for 106.14 billion soums in 2016
05/06/2017 10:45
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan-based Hamkorbank received net income for 106.141 billion soums under IFRS in 2016.
According to the decision of the bank’s shareholders, the financial institution will direct more than 47.06 billion soums to the reserve fund.
Hamkorbank will allocate 800 million soums from net income for formation of privileged lending fund.
The bank’s shareholders decided to leave the rest of the net profit undistributed taking into account the development plans of Hamkorbank.
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