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Finance
13/07/2012
Turonbank’s net income hits 3.957bn soums in 2011
Turonbank’s net income hits 3.957bn soums in 2011
Tashkent, Uzbekistan (UzDaily.com) --
Open joint stock commercial Turonbank received net income for 3.957 billion soums in 2011 against 3.537 billion soums in 2011, the annual report of the bank in line with international financial reporting standard said.
Turonbank’s assets rose from 396.145 billion soums to 455.14 billion soums in the reporting period. Loans and advance payments to clients reached 250.499 billion soums in 2011 against 243.744 billion soums in 2010.
Liabilities of the bank grew from 368.354 billion soums in 2010 to 425.2 billion soums in 2011, the report said.
The volume of deposits of Turonbank made up 205.616 billion soums in 2011 against 160.238 billion soums in 2010.
The deposits on demand grew from 86.44 billion soums in 2010 to 115.367 billion soums in 2011, while saving deposits dropped from 4.33 billion soums to 1.59 billion soums. Term deposits rose from 64.245 billion soums to 82.3 billion soums.
Own capital of the bank exceeded 29.941 billion soums in 2011 compared to 27.79 billion soums in 2010. Equity capital rose from 25.592 billion soums in 2010 to 26.552 billion soums in 2011.
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