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Finance 30/04/2013 Aggregate capital of Uzbek banks reaches 6.3 trillion soums
Aggregate capital of Uzbek banks reaches 6.3 trillion soums
Tashkent, Uzbekistan (UzDaily.com) -- Aggregate capital of commercial banks of Uzbekistan reached over 6.3 trillion soums as of 1 April 2013 or grew by 23.53% year-on-year in the first quarter of 2013, the press service of the Central Bank of Uzbekistan said.

The level of current liquidity of the banking system exceeds 65% in last five years, which twice higher than the set minimum level.

Total assets of the bank grew by 30.5% year-on-year in the first quarter of 2013 and made up over 36.4 trillion soums.

In the first quarter, total volume of loans, issued to real sector of economy, rose by 31% year-on-year and currently their total volume exceeds 21 trillion soums.

The volume of investments loans jumped 1.3 times and reached over 1.7 trillion soums as of 1 April 2013.

The commercial banks accepted 120 insolvent enterprises to their balance and they were sold to strategic investors after their capacities were rehabilitated. It helped to create 25,000 new jobs. These enterprises exported products for US$560 million.

The volume of loans issued to small businesses rose 1.4 times year-on-year and as of 1 April 2013 hit 1.6 trillion soums. The volume of microloans made up 338 billion soums, which rose 1.3 times year-on-year.

The Central Bank said that the volume of deposits rose 2.6 times in last three years and their volume currently makes up over 23 trillion soums.

In the reporting period, share of banks in total volume of financial services made up 87.1% and the figure growth each year.

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