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Finance 04/03/2010 Assets of People’s Bank increase 1.7 times in 2009
Assets of People’s Bank increase 1.7 times in 2009
Tashkent, Uzbekistan (UzDaily.com) -- Assets of People’s Bank (Uzbekistan) increased by 1.7 times year-on-year in 2009 and made up 877.7 illion soums.

Loan portfolio of the bank rose by 77% to 419.2 billion soums and liabilities grew by 71.7% to 721.1 billion soums. Own capital of the People’s Bank increased 1.6 times to 156.7 billion soums.

Net income of the bank rose almost twice compared to 2008 to 22.457 billion soums in 2009.

Charter capital of the bank was formed at the size of 100 billion soums, which comprises of 200 ordinary shares with par value of 500,000 soums each.

Founders of the bank are Finance Minister and Central Bank of Uzbekistan, which hold 41% and 49% shares respectively.

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