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Finance 09/06/2011 Aggregate capital of Universalbank exceeds 13.521bn soums (Update)
Aggregate capital of Universalbank exceeds 13.521bn soums
Tashkent, Uzbekistan (UzDaily.com) -- As of 1 June 2011, the aggregate capital of Universalbank exceeded 13.521 billion soums, which is 0.4% less than compared to the early of 2011. The charter capital of the bank grew by 6.4% to 12.043 billion soums.

The assets of Universalbank decreased by 0.3% in January-May to 33.739 billion soums. The loan investments grew by 10.8% to 11.454 billion soums.

At the same time, the volume of consumer loans made up 454.2 million soums (24.9% in January-May 2011) and microloans – 507.6 million soums (+35.1%). Investment portfolio of the bank rose by 0.7% to 1.561 billion soums.

As of 1 June 2011, the volume of attracted deposits reached 15.907 billion soums (-17%), while resources of population – 3.719 billion soums (+17.9%).

Term deposits rose by 42% to 1.297 billion soums, while deposits on demand grew by 75% to 887 million soums in the five months of 2011. The balance of banking payment cards decreased by 11.4% to 1.535 billion soums.

Universalbank private open joint stock commercial bank was founded on 25 May 2002 with charter capital of 0.05 billion soums on the base of Qoqand private open joint stock commercial bank.

The headquarters of the bank is located in Qoqand city, Ferghana region of Uzbekistan. The main clients of the bank are small and private businesses, as well as retail clients.

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