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Finance
07/06/2011
Samarkand Bank’s net income makes up 705.846m soums in 2010
Samarkand Bank’s net income makes up 705.846m soums in 2010
Tashkent, Uzbekistan (UzDaily.com) --
Net income of open joint stock commercial bank Samarkand grew from 531.034 million soums in 2009 to 705.846 million soums in 2010 in line with international financial accounting standards, the annual report of the bank said.
The bank’s assets grew from 17.427 billion soums in 2009 to 28.836 billion soums in 2010, the bank said.
Liabilities of the bank jumped 85.64% from 7.146 billion soums to 13.266 billion soums in the reporting period, according to the audited balance of the bank.
The volume of deposits of the bank increased 1.96 times to 9.805 billion soums. Deposits of demand grew from 1.845 billion soums in 2009 to 2.56 billion soums in 2010, while saving deposits – from 1.81 billion soums to 2.02 billion soums and term deposits – from 1.342 billion soums to 5.186 billion soums.
Own capital of the bank rose 1.5 times from 10.281 billion soums in 2009 to 15.57 billion soums in 2011. The equity capital made up 21.9 billion soums in 2010 against 15.12 billion soums in 2009.
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