He said that the capital adequacy of the banking system of Uzbekistan is at the level, which exceeds three times of the set international norm at the size of 8%, which was set by Basel Banking Supervision Committee.

It is worth to mention that 23 banks received international rating from Standard and Poor’s, Moody’s and Fitch Ratings, and total their assets make up 98% of the banking system assets of Uzbekistan, he noted.

President stated that over 18 trillion soums were attracted to deposits in 2011, which grew by 36.3% year-on-year, including population deposits – 38.8%.

He said that the structure of loan portfolio is improving. He said that 54% of loan portfolios were formed due to external loans and in 2011 85.3% of loan portfolio is formed due to internal resources – deposits of legal entities and individuals.

Uzbek head said that the commercial banks increased their investment activity. At the same time 75% of investments of commercial banks are long term (over three years). The bank increased crediting of real sector of economy seven times in last ten years.