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Finance 28/01/2013 Universalbank’s aggregate capital grows by 4.67%
Universalbank’s aggregate capital grows by 4.67%
Tashkent, Uzbekistan (UzDaily.com) -- Private open joint stock commercial bank “Universalbank” received net income 431 million soums in 2012, which decreased by 46.55% year-on-year.

The bank said that aggregate capital made up 15.796 billion soums as of 1 January 2013, which rose by 4.67% compared to 1 January 2012.

Universalbank’s charter capital grew by 9.73% in in 2012 to 14.043 billion soums, the bank said on its website.

The assets of the bank grew by 4.61% to 49.512 billion soums. Credit investments increased from 16.47 billion soums as of 1 January 2012 to 19.059 billion soums as of 1 January 2013. The growth rate made up 15.72%.

At the same time, the volume of consumer loans grew by 30.35% in 2012 to 700.5 million soums. The volume of microloans decreased by 31.48% to 703.4 million soums. The bank rendered leasing services for 3.011 billion soums in the reporting period.

Investment portfolio made up 3.603 billion soums in 2012, which grew by 90.48% compared to 2011. The volume of attracted deposits rose by 19.4% to 33.603 billion soums in the reporting period.

At the same time, the population resources reached 4.834 billion soums (-15.46%), of which term deposits – 2.043 billion soums (-13.6%), saving deposits – 1.881 billion soums (+179.36%) and deposits on demand – 364.1 million (+19.89%). The balance on banking payment cards reached 2.588 billion soums (+8.94%).

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