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Universalbank gets net income for 318.4m soums in 1H
Universalbank gets net income for 318.4m soums in 1H

Universalbank gets net income for 318.4m soums in 1H

Tashkent, Uzbekistan (UzDaily.com) -- Private open joint stock commercial bank “Universalbank” received net income for 318.4 million soums in the first half of 2012, which decreased by 60.52% compared to the same period of 2011.

Aggregate capital of Universalbank grew by 3.13% to US$15.564 billion soums in the reporting period. The charter capital made up 13.232 billion soums as of 1 July 2012, which grew by 3.4% compared to January-June 2011.

According to the bank, the assets fell by 0.06% to 47.299 billion soums. Loan investments rose by 7.92% to 17.755 billion soums as of 1 July 2012. At the same time, consumer loans grew by 6.55% to 572.6 million soums and microloans decreased by 4.1% to 984.4 million soums. As of 1 July 2012, the bank rendered leasing services for 2.25 billion soums.

Investment portfolio of Universalbank grew by 40.44% and made up 2.656 billion soums as of 1 July 2012.

The volume of attracted deposits exceeded 30.685 billion soums as of 1 July 2012, which grew by 9.51% compared to the same period of 2011.

At the same time, the resources of population grew by 10.58% to 6.322 billion soums. The volume of term deposits made up 2.671 billion soums (+12.96%), saving deposits – 2.671 billion soums (+125.45%) and deposits on demand – 635 million soums (+9.09%).

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