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Finance 20/06/2011 Turkiston Bank says its net income reach 1.179bn soums in 2010
Turkiston Bank says its net income reach 1.179bn soums in 2010
Tashkent, Uzbekistan (UzDaily.com) -- Private open joint stock commercial investment bank Turkiston (Turkiston Bank) received net income for 1.179 billion soums in 2010, the annual report of the bank said.

The bank’s assets made up 35.83 billion soums as of 1 January 2011, which is more by 13.987 billion soums compared to the beginning of 2010. Main part of the assets made up loans and leasing – 18.2 billion soums. The volume of long-term loans made up 8.117 billion soums (44.6%) and short-term loans – 10085 billion soums (55.4%).

Main part of loans were directed to industry (1.402 billion soums or 8%), trade and service (9.044 billion soums or 50%), transport and communication (866.8 million soums or 5%), construction (2.36 billion soums or 13%), agriculture (854.4 million soums or 5%).

Investment portfolio of the bank grew 2.09 times to 2.42 billion soums. The volume of investments in 2010 made up 2.2 billion soums.

According to the bank, its deposit portfolio rose by 29.5% or 300.1 million soums to 1.317 billion soums in 2010.

The charter capital rose from 5.259 billion soums in early 2010 to 11.002 billion soums in the end of 2010. The reserve fund increased by 263 million soums to 315.8 million soums.

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