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Finance 16/07/2011 Kapitalbank’s net income hits 1.115 billion soums in 2010
Kapitalbank’s net income hits 1.115 billion soums in 2010
Tashkent, Uzbekistan (UzDaily.com) -- Kapitalbank open joint stock commercial bank received net income for 1.115 billion soums in 2010 compared to 2.238 billion soums in 2010, the audited annual report in line with international financial accounting standards said.

Aggregate income of the bank decreased from 1.867 billion in 2009 to 1.115 billion soums in 2010, the report said.

The report said that the bank’s assets fell from 377.175 billion soums in 2009 to 352.652 billion soums in 2010.

The volume of loans, issued to clients, decreased from 160.078 billion soums in 2009 to 128.702 billion soums in 2010.

The capital of Kapitalbank slipped from 17.314 billion soums in 2009 to 16.923 billion soums in 2010, the report said. At the same time, the charter capital grew from 14.132 billion soums to 16.904 billion soums in the reporting period.

The bank’s report said that liabilities made up 335.728 billion soums in 2010 against 359.86 billion soums in 2009. Resources of clients decreased from 321.785 billion soums in 2009 to 303.096 billion soums in 2010.

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