The uzA rating reflects high level of solvency of the Bank Ipak Yoli, reflecting very low level of credit risks in its activities. The bank with uzA rating has high potential to implement its financial liabilities before creditors, depositors and investors in time and in full.

In the reporting period, the financial figures of the Bank Ipak Yoli demonstrated stable growth. Assets of the Bank Ipak Yoli made up 595.8 billion soums in the third quarter of 2011, which grew by 18.97% year-on-year. At the same time, the volume of the bank’s loan portfolio increased by 40.80% to 236.6 billion soums.

Share of loan portfolio in the structure of the bank’s assets grew in the third quarter of 2011 and made up 39.64% (33.49% in 3Q 2010). The loan portfolio rated as relatively concentrated. Main part of the loans were issued to industry sector (40.6% in 3Q of 2011 and 42.5% in 3Q 2010), trade and catering (34.3% and 29.4%) and other sectors (18.6% and 20%).

In nine months of 2011, sources of income generation of the Bank Ipak Yoli has stable growth and good quality. At the same time, net commission income of the bank grew by 29.4% and made up 26.4 billion soums (20.4 billion soums in 3Q 2010). It is worth to mention that net commission of income makes up 49.97% share in total operational income.

Net income of Bank Ipak Yoli increased by 34.72% year-on-year and made up 11.6 billion soums. At the same time, profitability of the assets and own capital of the bank made up 2.12% and 22.62% (1.98% and 22.29% in 3Q 2010) respectively. Ahbor-Reyting believes that short-term perspective these figures will be in acceptable level.

In the reporting period, own capital of the bank rose by 29.61% year-on-year in the third quarter of 2011, while equity capital jumped by 54.83%.

The coefficient of capital and the first level capital adequacy of the Bank Ipak Yoli made up 14.8% and 11.9% (16.6% and 13.1%) respectively in the reporting period.

Liquid position of the Bank Ipak Yoli rated as balanced in the reporting period. Share of liquid assets made up 46.51% in total assets (53.41% in 3Q 2011) in the reporting period.

Current assets of the bank grew by 4% year-on-year and current liabilities by 10.81% in the same period of 2011.

The coefficient of current liquidity made up 71.06% (75.71% in the 3Q 2010). The ratio of loan portfolio to the term resource base was 172.16% in the reporting period.