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Finance 12/02/2008 Central Bank of Uzbekistan sums up 2007, set 2008 tasks

The session said the measured carried out to increase equity capital resulted in increase of charter capital of the bank by twofold year-on-year in 2007. Their aggregate capital grew by 40% year-on-year to 1.503 trillion soums. The assets of the bank rose by 28.7% year-on-year to 9.276 trillion soums.

It was noted that National Bank of Uzbekistan, Pakhta Bank and Hamkor Bank were assigned international rating from leading agencies.

The banks of Uzbekistan invested 4.757 trillion soums in real sector as of today, the Central Bank’s press release said on 11 February. Last year, about 2 trillion soums were invested in modernization and re-equipment of businesses.

The volume of population’s deposits at the banks increased by 46.6% year-on-year to 994.6 billion soums. The number of issued plastic cards grew by 15.3% year-on-year to 3.7 million as of the end of 2007.

The banks allocated about 743.7 billion soums (up 36 year-on-year) to small and private businesses.

Young families received 112.8 billion soums in mortgage, consumer and micro credits in 2007, the regulator’s meeting said.

The Central Bank of Uzbekistan also considered priorities for 2008 and shortcomings of the banks in various areas. The bank adopted corresponding decision on considered issues.
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