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Finance 26/06/2013 Alokabank posts 13.369bn soums of net income in 2012
Alokabank posts 13.369bn soums of net income in 2012
Tashkent, Uzbekistan (UzDaily.com) -- Open joint stock commercial “Alokabank” received net income for 13.369 billion soums in 2012 against 9.274 billion soums in 2011, the bank’s annual report said.

According to the balance sheet of the bank, prepared in line with international financial accounting standards, the assets rose by 30.07% - from 478.894 billion soums in 2011 to 622.919 billion soums in 2012.

The volume of loans and advanced payments reached 426.334 billion soums in 2012 against 308.123 billion soums, the balance sheet said.

Liabilities of Alokabank grew 1.3 times – from 403.45 billion soums to 523.192 billion soums in the reporting period.

The deposits reached 369.837 billion soums in 2012 against 268.646 billion soums in 2011. The volume of deposits on demand exceeded 241.587 billion soums (156.645 billion soums in 2011), saving deposits – 47.762 billion soums (31.41 billion soums) and term deposits – 80.488 billion soums (80.592 billion soums).

Own capital of the bank reached 99.726 billion soums in 2012 compared to 75.439 billion soums in 2011. The equity capital rose from 62.041 billion soums to 79.356 billion soums in the reporting period.

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