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Finance 13/06/2011 Ravnaq Bank records 424.672m soums of net loss in 2010
Ravnaq Bank records 424.672m soums of net loss in 2010
Tashkent, Uzbekistan (UzDaily.com) -- Ravnaq Bank private open joint stock commercial bank completed 2010 with net loss of 424.672 million soums against 9.577 million soums of net income in 2009, the financial report of the bank, published in local mass media, said.

According to the report, the assets of Ravnaq Bank grew from 19.428 billion soums in 2009 to 24.63 billion soums in 2010. The loans grew from 10.446 billion soums to 10.585 billion soums in the reporting period.

Liabilities of the bank increased from 14.407 billion soums in 2009 to 18.677 billion soums in 2010. The resources of the clients made up 16.54 billion soums in 2010 against 13.566 billion soums in 2009.

Ravnaq Bank increased its charter capital from 5.02 billion soums in 2009 to 5.954 billion soums in 2010. At the same time, the charter capital reached 7.425 billion soums in 2010 against 6 billion soums in 2009.

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