Assets of Asia Alliance Bank grows to 907bn soums in 1H

02/08/2013 | Economy

Tashkent, Uzbekistan (UzDaily.com) -- Open joint stock commercial bank “Asia Alliance Bank” increased its charter capital by about 1.5 times year-on-year in January-June 2013 to 907 billion soums, the article of the press service of the bank, published in Birja newspaper said.

The volume of credit portfolio of Asia Alliance Bank reached 147 billion soums in the first half of 2013, which grew by 2.5 times year-on-year.

Liquid position of the bank is rated as favourable. As of 1 July 2013, share of liquid assets in total assets made up 81%. The coefficient of current liquidity exceeds 94.5%. The main part of funding fell to share of corporate clients.

In the first half of 2013, the own capital of Asia Alliance Bank increased by 62% year-on-year and reached 81.2 billion soums (50 billion soums in 1H 2012).

The charter capital of the Uzbek bank rose by 82% year-on-year to 50.8 billion soums in the reporting period (27.9 billion soums in 1H 2012).

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