The assets mainly grew due to the growth of credit portfolio, which rose by 2.8 times year-on-year – to 74.8 billion soums in the reporting period.

In nine months of 2015, the aggregate capital of the bank made up 66 billion soums. The growth of income for 2015 and the size of charter capital were main sources for increase of the capital.

The bank noted that the shareholders adopted decision in October to increase charter capital by 11.7 billion soums via issue of additional shares, in the result of which the charter capital will reach 47.8 billion soums.

The volume of attracted resources of legal entities and individuals rose by 35% year-on-year in nine months of 2015 and reached 70.8 billion soums. The bank continues to launch new deposits to attract more resources of the population.

UTBANK is the first financial-credit institution in Uzbekistan with foreign investments. It was founded in 1993 by Turkey’s Ziraat Bankasi AS and Uzbekistan’s Agrobank.