Currency rates from 02/10/2024
$1 – 12739.99
UZS – 0.19%
€1 – 14256.05
UZS – 0.46%
₽1 – 136.83
UZS – -0.12%
Search
Finance 20/01/2014 Assets of Uzbek banks exceed 43.9 trln. Soums
Assets of Uzbek banks exceed 43.9 trln. Soums
Tashkent, Uzbekistan (UzDaily.com) -- Aggregate capital of commercial banks of Uzbekistan reached 6.5 trillion soums as of 1 January 2014 compared to 5.2 trillion soums as of 1 January 2013, the expanded session of the Board of the Central Bank of Uzbekistan dedicated to the 2013 results said.

Currently, the capital adequacy of the banking system of Uzbekistan makes up 24.3%, which is three times higher to set requirements of the Basel Committee on international banking supervision (8%).

The level of current liquidity, which one of key factors of assessment of the banking system’s sustainability, exceeded 65%, which is twice higher compared to the set minimal limit by the Basel Committee (30%).

The assets of the banks of Uzbekistan grew by 30% in 2013 compared to previous year – to 43.9 trillion soums (33.7 trillion soums as of 1 January 2013).

In the reporting period, the volume of loans, issued to real sector of economy, grew by 30.1% - from 20.4 billion soums in 2012 to 26.5 billion in 2013.

The volume of loans, issued for investment purpose, rose 1.3 times year-on-year in 2013 and reached 7.2 trillion soums as of 1 January 2014.

The commercial banks of Uzbekistan issued 6.89 trillion soums of loans to small and private businesses, which grew 1.3 times year-on-year. The volume of microloans rose 1.3 times and made up 1.4 trillion soums.

The graduates of colleges, who decided to launch own businesses, received over 140.1 billion soums of loans, which increased 2.8 times compared to 2012.

Total balance at the deposits grew by 30.2% year-on-year and reached 26.1 trillion soums as of 1 January 2014.

Stay up to date with the latest news
Subscribe to our telegram channel