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Alokabank’s net income on IFRS makes up 9.274 bn soums in 2011
Alokabank’s net income on IFRS makes up 9.274 bn soums in 2011

Alokabank’s net income on IFRS makes up 9.274 bn soums in 2011

Tashkent, Uzbekistan (UzDaily.com) -- Net income of the open joint stock Aloqabank grew by 39.15% to 9.274 billion soums in 2011, the annual report of the bank on IFRS said.

Alokabank’s assets rose from 338.677 billion soums in 2010 to 478.894 billion soums in 2011 (+41.4%).

Net loans and advanced payments made up 252.71 billion soums in 2011 against 129.45 billion soums in 2010 (+95.22%).

Liabilities of Aloqabank grew from 277.665 billion soums in 2010 to 403.455 billion soums in 2011 (+45.31%).

The volume of deposits grew from 229.974 billion soums in 2010 to 344.171 billion soums in 2011 (49.66%). The deposits on demand rose from 180.732 billion soums in 2010 to 232.482 billion soums in 2011, term deposits – from 49.242 billion soums to 111.688 billion soums.

Own capital of Alokabank made up 75.439 billion soums in 2011 or grew by 23.65% year-on-year. Equity capital grew from 51.51 billion soums in 2010 to 60.757 billion soums in 2011 (+17.95%).

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