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Finance 22/01/2010 Expert RA withdraws Uzpromstroybank’s rating
Expert RA withdraws Uzpromstroybank’s rating
Tashkent, Uzbekistan (UzDaily.com) -- Expert RA rating agency (Russia) withdrew solvency rating of Uzpromstroybank of Uzbekistan.

The rating was withdrawn due to end of rating term and refusal of the bank from actualization. Earlier, the bank had rating at the B++ level (acceptable level of solvency).

Uzpromstroybank enters to Top-5 commercial banks of Uzbekistan and its business mainly focuses on crediting industrial and construction organization of the country.

As of 1 January 2009, assets of Uzpromstroybank made up US$1.04 billion (84th place in ranking of Expert RA) and own capital comprised US$117 million. Income before tax made up US$6 million at the end of the first half of 2009.

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