Aggregate capital of the banks of Uzbekistan reached 8.6 trillion soums as of July 1, up by 23.3% YoY. This was announced at the expanded session of the Board of the Central Bank dedicated to the results of the activities of the banking system in the first half of 2016.
Current level of capital adequacy of the banking system makes up 23.57%, which exceeds requirements of the Basel committee on international banking supervision three times (8%), the Central Bank of Uzbekistan said.
For the last several years, level of liquidity of the banking system exceeds 64.5%, which is twice higher compared to minimal level, set in international practice.
Aggregate assets of the commercial banks of Uzbekistan grew by 25.1% YoY in January-June and made up over 73.4 trillion soums.
Total volume of loans, directed in real sector of economy, increased by 26.2% YoY in January-June and reached 48 trillion soums.
The volume of investment loans grew 1.2 times YoY in the reporting period and as of July 1 made up 5.8 trillion soums.
The volume of issued loans to small businesses rose 1.3 times in the first half of 2016 and reached 8.3 trillion soums, of which over 1.8 trillion soums were microloans, up 1.3 times YoY.
About 897 billion soums of loans were directed to support businesswomen, up 1.3 times YoY.
The commercial banks issued 176.5 billion soums to support graduates of colleges in January-June, up 1.3 times YoY.
The deposits at the banks rose by 27.7% YoY in the first half of 2016 and exceeded 40.1 trillion soums.
Currently, commercial banks issued over 18.2 million banking cards and installed 200,800 POS-terminals. (UzDaily/Business World Magazine)