Rating agency RIA Rating carried out research on banking sector of the CIS states and launched a new rating of the 100 largest banks of the CIS in the result of 2012.

According to the agency, NBU lost five positions in the rating and now holds 55th place. The assets of the Uzbek bank grew by 8.5% in dollar equivalent in 2012 and reached US$4.76 billion.

Another Uzbek bank – Uzpromstroybank – with assets worth US$2.53 billion at the end of 2012 was close to enter Top 100 banks of the CIS. It needed US$40 million to join the rating. If the bank’s assets grows continues as in 2012 (31%), it will be included to the rating in the result of 2013.

The agency said that it compiled rating based on information from open sources, statistics of Central Banks’ of the CIS, public financial reports of the banks. The rating is aimed at comparative assessment of the banks, which operate in the CIS territory.

The rating agency said that 2012 was successful for the banking system of the CIS. According to assessments of RIA Rating, aggregate assets of the banking system of the CIS grew by 23.1% to US$1.96 trillion in 2012.

The agency said that the figure looks significant, but compared to global figures it is very low. The agency said that the assets of Deutsche Bank are 1.5 times higher of total assets of all banks of the CIS.

According to the result of the rating, net assets of 100 largest CIS banks reached US$1.52 trillion. Their share in total assets of all banks of the CIS made up about 81% in 2012. Compared to previous ratings, the figure did not change significantly.

There is also no change in the list of countries, banks of which were included to the list of the largest banks of the CIS. They are Azerbaijan, Belarus, Georgia, Kazakhstan, Russia, Uzbekistan and Ukraine.

The minimal size of the assets of the bank, required to enter list of 100 largest banks, grew by 21% compared to previous year. If, the minimum size of assets of the 100th bank in rating was US$2.12 billion in 2011, this year it made up US$2.57 billion. In 2010, the figure stood at US$1.78 billion.

RIA Rating said that 47 banks included to its rating are privately owned banks, but their total assets is less than 24% of total assets of the bank, which were included to Top-100. Their assets is less than assets of the Russian Sberbank, which has assets for US$447 billion, while all 47 private banks had assets for US$359 billion. The rating included 24 state banks and their assets were equal to US$963 billion.

The list also included 29 banks with foreign capital and their total assets were at the size of US$173 billion, of which six banks belong to the people from the CIS and 23- from outside of the CIS. Six banks are subsidiaries of the Russian banks, of which three belong to Sberbank.