Assets of CUA members grew by 97.1%

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Finance 25/05/2009 Assets of CUA members grew by 97.1%

Assets of CUA members grew by 97.1%

Tashkent, Uzbekistan (UzDaily.com) -- Activity of credit unions, members of Uzbekistan Credit Unions’ Association (CUA), was profitable in the first quarter of 2007.

Assets of the credit unions increased by 97.1% year-on-year and it made up 66.4 billion soums as of 1 April 2009.

Structure of assets of the credit unions includes liquid assets (1.2%), income-bearing assets (92%), main resources (net) (2.2%) and other assets (4.6%). Main part of income-bearing assets is credits, issued to members of the credit unions.

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