Breaking
Finance

Uzum Bank receives a profit of 8.1 billion soums in the first quarter

Uzum Bank receives a profit of 8.1 billion soums in the first quarter
Uzum Bank receives a profit of 8.1 billion soums in the first quarter

Tashkent, Uzbekistan (UzDaily.uz) -- The net profit of Uzum Bank in the first quarter of 2024 amounted to 8.1 billion soums, which is 143.8% more than the same period in 2023.

It should be noted that Uzum Bank ended the first quarter of 2023 with a loss of 18.7 billion soums.

The bank’s interest income increased from 122.8 million to 4.39 billion soums. Non-interest income amounted to 65.7 billion soums, which is 8.4% more than the same period in 2023.

The bank’s loan portfolio reached 50 billion soums. The bank’s assets increased by 173.7% - to 627 billion soums.

At the end of the first quarter of 2024, Uzum Bank increased its capital to 423.2 billion soums, which is 235.3% higher compared to the same period in 2023.

Uzum Bank’s retained earnings increased by 122% and amounted to 58.2 billion soums.

Askar Yakubov
Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.