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Finance 17/04/2016 Uzbek banks’ aggregate capital exceeds 8 trln. soums
Uzbek banks’ aggregate capital exceeds 8 trln. soums
Tashkent, Uzbekistan (UzDaily.com) -- Aggregate capital of commercial banks of Uzbekistan exceeded 8 trillion soums as of 1 April 2016. It was announced at the expensed session of the board of the Central Bank of Uzbekistan dedicated to the results of the operations of the banking system in the first quarter of 2016.

Current level of capital adequacy of the banking system makes up 23.2%, which exceeds requirements of the Basel committee on international banking supervision three times (8%), the Central Bank of Uzbekistan said.

For last several years, level of liquidity of the banking system exceeds 64.5%, which is twice higher compared to minimal level, set in international practice.

Aggregate assets of the commercial banks of Uzbekistan grew by 25.4% year-on-year in January-March 2016 and made up over 69.7 trillion soums.

Total volume of loans, directed in real sector of economy, increased by 26.7% year-on-year in January-March and reached 44.1 trillion soums.

The volume of investment loans grew by 1.2 times year-on-year in the reporting period and as of 1 April 2016 made up 2.7 trillion soums.

The volume of issued loans to small businesses rose 1.3 times year-on-year in the first quarter of 2016 and reached 3.6 trillion soums as of 1 April 2016, of which over 772.9 billion soums were microloans, which grew by 1.3 times year-on-year.

About 409.7 billion soums of loans were directed to support businesswomen, which rose by 1.3 times year-on-year in the reporting period.

The commercial banks issued 63.4 billion soums to support graduates of colleges in January-March 2016, which rose by 1.3 times year-on-year.

The deposits at the banks rose by 27.6% year-on-year in the first quarter of 2016 and exceeded 36.8 trillion soums as of 1 April 2016.

Currently, commercial banks issued over 17.1 million banking cards and installed 190,800 POS-terminals.

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