Tashkent, Uzbekistan (UzDaily.com) -- The net profit of TBC Bank in Uzbekistan for the first quarter of 2024 amounted to 79.7 billion soums, which is 20 times more than in the same period in 2023.

The bank’s interest income increased by 142.4% to 460.9 billion soums, and non-interest income by 262.2% to 81.1 billion soums.

The bank’s assets increased by 111.9% in the reporting period, reaching 5.8 trillion soums. Capital amounted to 1.3 trillion soums, an increase of 43.7%.

As of 1 April 2024, the bank’s loan portfolio reached 4.4 trillion soums, while a year earlier this figure was 1.9 trillion soums (+136.3%). The share of non-performing loans (NPL) increased from 1.9% to 2.0%.