The rating uzA+ means very high level of solvency of Uzpromstroybank, reflecting low level of credit risks in its activities. The uzA+ credit rating holder characterized with high potential of timely and fully execution of its financial liabilities before creditors, depositors and investors.

Uzpromstroybank is one of the largest banks of Uzbekistan. In the reporting period, the financial figures of the bank showed stable growth. In the second quarter of 2011, the assets of Uzpromstroybank grew by 18.27% year-on-year to 2.154 trillion soums. At the same time, the volume of loan portfolio increased by 25.81% to 1.493 billion soums. It is worth to mention that other part of income-bearing income assets rose by 7.32% year-on-year to 17.14% of all assets of the bank. The growth of income-bearing assets was achieved mainly due to threefold growth of investment portfolio of the bank. In the second quarter of 2011, all investment portfolio of Uzpromstroybank along with the state securities made up 82 billion soums or 3.8% of the assets of the bank.

At the same time, interbank resources of Uzpromstroybank decreased by 7.26% year-on-year to 13.33% of the bank’s assets. So, all volume of income bearing assets of the bank increased by 21.66% and reached 1.86 trillion soums. At the same time, their share in total assets grew from 84.04% in the second quarter of 2010 to 86.44% in the same period of 2011.

In the reporting period, liquid assets of Uzpromstroybank showed negative trend and decreased by 13.9% to 428.29 million. Current assets of the bank dropped by 10.27%. At the same time, current liabilities rose by 4.05% to 885.5 billion soums in the reporting period.

In the result, the coefficient of current liquidity decreased from 68.17% to 58.79% in the reporting period. At the same time, the ratio of loan portfolio to term resource base of the bank made up 145.6% in the second quarter of 2011 and Ahbor-Reyting believes that the figure will be in favourable level.

Resource funding of Uzpromstroybank is formed due to accounts of the clients. The deposits and attracted resources from money market grew by 26.69% year-on-year to 50.04% of the bank’s liabilities. At the same time, long-term liabilities of the bank grew by 45.28% and made up 37.89% of the bank’s liabilities. The term resource base of the bank increased by 34.14%. Ratio of credit portfolio to term resource base of the bank fell from 146.7% in the second quarter of 2010 to 133.5% in the second quarter of 2011.

Uzpromstroybank is one of the largest banks on the volume of capital base. In the reporting period, own capital of the bank grew by 15.52% to 204.8 billion soums. Equity capital of the bank grew by 15.95% year-on-year to 136.9 billion soums.

Despite growth, the capital adequacy level remains at stable level compared to the same period of 2010. The coefficient of capital adequacy and first level capital adequacy of adequacy comprised 13.05% and 12.02% (12.9% and 13.2% in 2Q 2010) respectively in the second quarter of 2011.

At the same time, leverage coefficient of the bank dropped from 9.3% in the second quarter of 2010 to 8.87% in the same period of 2011. At the same time, the figure of own capital adequacy reached 9.73% in the second quarter of 2011 (9.5% in 2Q 2010).