OFB’s net profit grew by 42% in the first quarter
09/05/2024 11:31
OFB’s net profit grew by 42% in the first quarter
09/05/2024 11:31
Tashkent, Uzbekistan (UzDaily.com) -- The net profit of Orient Finans Bank (OFB) for the first quarter of this year made up 191.9 billion soums, which is 42.2% more than in the same period in 2023.
Interest income showed an increase of 25.9%, reaching 398.2 billion soums, and non-interest income - by 32.1%, to 155.3 billion soums.
OFB increased assets by 26.4% in the reporting period, reaching 12.8 trillion soums, and capital increased by 32.6% to 2.4 trillion soums.
OFB’s loan portfolio by the end of the first quarter reached 8.8 trillion soums with an annual increase of 49.6%, and the share of non-performing loans (NPL) decreased from 0.6% to 0.4%.
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