Assigned rating at uzA level reflects stable position of the bank in the market, high reputation and image of the bank, high quality of assets and high level of risk management, balanced liquid position and adequate capitalization, as well as growing financial results. At the same time, the rating takes into account concentration of the business in Tashkent region, low diversification and short-term funding base, as well as potential risks, related with growth strategy.

Assigned InFinBank rating reflects high business activity of the bank in the market, dynamic growth of commercial network, adequate capitalization, balanced liquid position and support of shareholders. The rating also takes into account risks, related with fast growth of assets and geographic concentration of the business. The firm strategy, directed at expanding business and strengthening position of the bank in the market, as well as support of shareholders give additional stability to the bank’s business. At the same time, rating takes into account fast growth of assets and related risks, significant industrial and clientele concentration of the business of the bank, as well as potential risks, related to growth strategy and possible purchase of new assets.

The rating reflects stable improvement of financial results of the bank’s activities, expanding branch network, support of shareholders and expanding business scale. The rating also takes into account high concentration of debtors and risks, related to growth of crediting and operations with affiliated persons, as well as relatively low capitalization.

In 2011, InFinBank’s business scale grew with fast tempo. The assets of the bank rose by 72.58% year-on-year in 2011 to 191.2 billion soums (110.8 billion soums in 2010). The volume of loan portfolio rose almost twice to 67.8 billion soums (36.8 billion soums). The balance figures continued to grow in 2012 as well. As of 1 April 2012, the bank’s assets made up 185.9 billion soums.

Quality of assets of InFinBank is rated as acceptable. In 2011, the loan reserves made up 1.75% of loan portfolio of the bank. It is necessary to note that bad loans made up 0.88% of loan portfolio of the bank.

Liquid position of the bank is rated as high. In 2011, the coefficient of current liquidity of InFinBank made up 74.6% in 2011 (75.84% in 2010). It is worth to note that, the figure made up 73.25%.

InFinBank’s capitalization is in moderate level. According to the bank’s report, the coefficient of the general capital and the first level capital made up 10.8% and 11.8% (17.3% and 20.1% in 2010) in 2011 respectively. In the reporting period, InFinBank meet requirements of the Central Bank of Uzbekistan on charter capital. Ahbor-Reyting said that fast growth of assets can decrease adequacy figures of InFinBank.