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Finance 17/05/2012 Standard Insurance gets 97.85m soums of net income in 2011
Standard Insurance gets 97.85m soums of net income in 2011
Tashkent, Uzbekistan (UzDaily.com) -- Standard Insurance, an Uzbek insurance company, received net income for 97.85 million soums (87.895 million soums in 2010) in 2011.

Net revenue from realization of insurance services exceeded 1.541 billion soums (538.688 million soums), the report of the company, published in local media, said.

The company’s assets made up 5.957 billion soums (4.89 billion soums), of which long-term assets – 5.194 billion soums (1.803 billion soums) and turnover assets – 762.475 million soums (3.09 billion soums).

Own resources of Standard Insurance reached 4.502 billion soums (3.899 billion soums) in 2011. Liabilities reached 1.455 billion soums (955.174 million soums).

Standard Insurance was founded in October 2008. Open joint stock commercial bank Credit Standard holds 100% stake in the company.

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