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Finance 27/04/2015 Aggregate capital of banks of Uzbekistan exceeds 6.9 trln. soums
Aggregate capital of banks of Uzbekistan exceeds 6.9 trln. soums
Tashkent, Uzbekistan (UzDaily.com) -- Aggregate capital of commercial banks of Uzbekistan reached 6.9 trillion soums as of 1 April 2015, which grew by 25% year-on-year, the expanded session of the board of the Central Bank of Uzbekistan, dedicated to the activities of the banking system for the first quarter of 2015, said.

Current level of capital adequacy of the banking system makes up 23.7%, which exceeds requirements of the Basel committee on international banking supervision three times (8%), the Central Bank of Uzbekistan said.

For last several years, level of liquidity of the banking system exceeds 64%, which is twice higher compared to minimal level, set in international practice.

The assets of the commercial banks of Uzbekistan grew by 28.1% year-on-year in January-March and made up over 56.6 trillion soums.

The volume of loans, directed to real sector of economy of Uzbekistan, rose by 30.6% year-on-year in January-March 2015 and made up over 35 trillion soums.

The commercial banks increased allocation of investment loans by 1.1 times year-on-year in the first quarter of 2015 and as of 1 April 2015 its volume made up over 2.3 trillion soums.

The volume of issued loans to small businesses rose 1.3 times year-on-year in the first quarter of 2015 and reached 2.8 trillion soums as of 1 April 2015, of which over 590.9 billion soums were microloans, which grew by 1.3 times year-on-year.

The loans issued to businesswomen grew by 1.3 times year-on-year in the first quarter of 2015 and exceeded 314.3 billion soums, the regulator said.

The commercial banks issued 48.2 billion soums to support graduates of colleges in January-March 2015, which rose by 1.8 times year-on-year.

The deposits at the banks rose by 30.3% year-on-year in the first quarter of 2015 and exceeded 28.6 trillion soums as of 1 April 2015.

The banks emitted over 13.9 million banking cards, while number of installed POS-terminals exceeded 162,000 units.

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