Banking assets of Uzpromstroybank makes up 49 trillion soums
Tashkent, Uzbekistan (UzDaily.com) -- Banking assets of Uzpromstroybank made up 49 trillion soums in 2020, loan portfolio - 39.9 trillion soums, the volume of deposits - 11.4 trillion soums and total capital - 6.7 trillion soums.
During 2020, the bank financed a total of 978 projects, of which 966 - in accordance with regional development programs.
These include the projects of Shakhrisabz Textile LLC in Shakhrisabz district for the production of 5.8 thousand tons of synthetic fiber and fabrics per year, the Uz-Segan joint venture in the city of Fergana - with an annual growing capacity of 5.8 thousand tons of agricultural products, Sardoba Oksary Textile in Sardoba district - for the production of 1.4 million pieces of finished products per year and 900 thousand tons of fabric.
The meeting also heard a report on the measures taken by the Bank to mitigate the consequences of the coronavirus pandemic.
It was emphasized that in accordance with this, 4 trillion soums were allocated to support 1,235 entrepreneurs who found themselves in a difficult situation as a result of the pandemic, 91 exporters - 2.6 trillion soums of the loan, for a period of 6 months, loans were extended to 3,809 customers for a total of 2.9 trillion soums.
132 exporters have allocated 3.6 trillion soums to replenish working capital.
With the assistance of the International Finance Corporation, for the first time in Uzbekistan, a mechanism for financing green projects has been established, 17 such projects have been financed for US$31.9 million.
In addition, with the support of experts from the International Finance Corporation and the European Bank for Reconstruction and Development, the Bank's transformation process is being implemented, following the results of stage 2 of which, on the basis of international standards, corporate governance and risk management systems were improved, the Council included 4 independent members with international experience in the banking and financial sector, a corporate governance service has been introduced, 5 new committees have been organized within the Council.
A new customer-oriented organizational structure of the Bank was introduced, based on international experience, the organizational structure is divided into 5 blocks.
Each business line has trained one-stop customer service (RM) staff.
For the purpose of prompt lending to clients, 26 types have been introduced for entrepreneurs, 8 types for large enterprises and 22 types of modular loans for the population. As a result, 2197 modular loans were allocated for the amount of 630 billion soums.
Underwriting has been established in lending to entrepreneurs and the population, based on a new scoring system, in which the human factor does not participate. The previous 5-tier lending system has been reduced to a 2-tier one (1964 loans worth 2.5 trillion soums were approved).
A financial forecasting system is used to automate financial planning based on the German SAP program.
Together with the international organization for standardization CERT, the anti-corruption system is involved.
KPI incentives have been introduced for all employees working in the retail business.
In the direction of providing digital banking services, the JOYDA mobile application has been launched, which has incorporated completely new 58 types of services for the population. Together with the application, an electronic trading platform (marketplace) has been organized, which creates the possibility of remote purchase of services and goods using a consumer loan.
In order to bring banking services closer to customers, 42 banking service offices and 89 self-service centers (24/7) were created.
At the meeting, the attention of the members of the Management Board was directed to the plans for the strategic development of the Bank in 2021, some amendments were made to them.
In 2021, it is planned to bring the volume of the Bank's total assets to 52.2 trillion soums, loan portfolio - up to 44.4 trillion soums, as well as the balance of deposits of legal entities and individuals - up to 11 trillion soums.
In order to develop the economy, support entrepreneurship and finance promising projects, it is planned to allocate 8.3 trillion for 488 projects. sum of loans.
In particular, 3.3 trillion soums will be allocated for 16 large projects, for 283 projects within the framework of regional development programs - 4.1 trillion soums, for projects in other directions (189) - 900 billion soums.
As a result of the meeting, appropriate decisions were made regarding the issues on the agenda.