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.
The Board of the Central Bank decided to keep the base rate unchanged at 14.0% per annum. This decision was made in order to create conditions for further reducing inflation, maintaining a positive level of real interest rates in the economy, as well as creating favorable conditions for continuing the recovery of economic activity.
The volume of net gold and foreign exchange reserves of Uzbekistan as of 1 January 2021 exceeded US$34.9 billion, according to data from the Central Bank.
The Board of the Central Bank of the Republic of Uzbekistan kept the base rate unchanged at 14.0% per annum. This was reported by the press service of the regulator.
Within the framework of family entrepreneurship development programs over the past period of 2020, a total of 6.1 trillion soums of soft loans was allocated for the implementation of more than 214,000 projects.
In 2020, the volume of bank cash turnover in Uzbekistan made up 360.1 trillion soums, an increase of 25.4% compared to 2019, the Central Bank of Uzbekistan said in a statement.
In 2020, commercial banks of Uzbekistan allocated mortgage loans to 77,274 individuals in the amount of 9.1 trillion soums, which is 1.1 trillion soums more than in 2019, the Central Bank of Uzbekistan said in a statement.
The volume of cross-border transfers received in Uzbekistan in 2020 made up US$6.03 billion, an increase compared to 2019 by US$17 million, or 0.3%. The Central Bank of Uzbekistan said in a statement.
In 2019, Uzpromstroybank launched a project to modernize card processing, the goals of which were to issue international cards with an electronic PIN code, multi-currency accounts and a credit limit on the card, as well as provide services using international contactless card systems, including JCB, and the expansion of the acquiring network. To date, the project has been implemented, testing and tuning of new card products is underway.
The European Bank for Reconstruction and Development (EBRD) responded to the coronavirus pandemic challenges in Central Asia’s most populated country by pledging US$521 million (€429 million) through 18 projects in various sectors of the national economy. The EBRD resources were used to support the country’s banking sector and SMEs access to finance, upgrade key infrastructure and promote the development of renewable energy.