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Finance 13/05/2013 Universalbank’s aggregate capital grows by 3.06%
Universalbank’s aggregate capital grows by 3.06%
Tashkent, Uzbekistan (UzDaily.com) -- Private open joint stock commercial bank “Universalbank” received net income 11 million soums in the first three months of 2013.

According to the bank, aggregate capital made up 16.279 billion soums as of 1 April 2013, or rose by 3.06% compared to 1 January 2013.

Universalbank’s charter capital grew by 5.38% in the first quarter of 2013 to 14.799 billion soums, the bank said on its website.

The assets of the bank grew by 13.51% to 56.199 billion soums. Credit investments increased from 19.059 billion soums as of 1 January 2013 to 24,853 billion soums. The growth rate made up 30.4%.

At the same time, the volume of consumer loans fell by 17.59% to 577.3 million soums. The volume of microloans grew by 11.94% to 784.4 million soums. The bank rendered leasing services for 2.696 billion soums in the reporting period.

Investment portfolio made up 3.603 billion soums in the first quarter of 2013 (without change). The volume of attracted deposits rose by 16.47% to 38.968 billion soums in the reporting period.

At the same time, the population resources reached 5.023 billion soums (+3.93%), of which term deposits – 1.968 billion soums (-3.64%), saving deposits – 2.025 billion soums (+7.61%) and deposits on demand – 1.03 million (+183.05%). The balance on banking payment cards reached 1.943 billion soums (-24.93%).

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