NEWS AND EVENTS
October 28, 2014
Aggregate Capital of Uzbek Banks Hits 6.6 trln. soums
As of 1 October 2014, the aggregate capital of banks of Uzbekistan reached 6.6 trillion soums. This was announced at the expanded session of the Board of the Central Bank of Uzbekistan, dedicated to results of the activities of the banking system in nine months of 2014. (Currency rates of CB from 28.10.2014 1$= 2383.98 soums)
The press service of the Central Bank said that current level of capital adequacy of the banking system makes up 24.7%, which exceeds requirements of the Basel committee on international banking supervision three times (8%).
For last several years, level of liquidity of the banking system exceeds 65%, which is twice higher compared to minimal level, set in international practice.
Assets of the bank rose by 29.2% year-on-year and exceeded 48.9 trillion soums, the Central Bank said in the statement.
In nine months of 2014, total volume of loans, issued to real sector of economy of Uzbekistan, grew by 31.1% year-on-year and exceeded 30.3 trillion soums.
The volume of issued investments rose by 1.3 times compared to the same period of 2014 and the sum reached 6.7 trillion soums as of 1 October 2014.
The Central Bank said that the banks issued 7.3 trillion soums to support small and private businesses, which rose by 1.3 times year-on-year.
The volume of microcredits exceeded 1.5 trillion soums, which also grew by 1.3 times compared the same period of 2013.
The loans issued to businesswomen grew by 1.5 times year-on-year and reached over 745 billion soums in the reporting period.
The commercial banks issued 160.3 billion soums to support graduates of colleges in January-September 2014, which rose by 1.5 times year-on-year.
The deposits at the banks rose by 30.4% year-on-year in January-September 2014 and exceeded 26.8 trillion soums.
The share of banking services in structure of financial services made up 88% in nine months of 2014, which rose by 1.3 times compared the same period of 2013.
The banks emitted over 12.9 million banking cards, while number of installed POS-terminals exceeded 150,900 units.