Earlier, Moody’s assigned standalone financial strength rating (BFSR) of E+ to the Asaka Bank, one of the largest banks of Uzbekistan.

The agency also assigned B2/Not Prime rating to long-term and short-term deposits in national currency to the Uzbek bank.

The bank’s rating for long-term and short-term deposits in foreign currency is B2/Not Prime. The outlook on ratings is stable.

The Uzbek bank noted that aggregate assets of the bank as of 1 January 2016 reached 7.405 trillion soums, aggregate capital – 915.7 billion soums, the volume of loans and leasing – 3.423 trillion soums. The long-term loans made up 3.047 trillion soums, including investment loans – 2.612 trillion soums.