Uzbekistan news for February 08, 2010

In this issue:

2 Corporate news
2 Asaka Bank’s assets grow by 19.1% in 2009
2 NBU holds presentation of corporate bonds
2 MTS Uzbekistan expands list of roaming partners
2 Last week’s major legislation news
3 Industry news
3 Uzbekistan’s power output makes up 49.954bn kilowatt per hour
4 Politics and Economics
4 Aggregate capital of commercial banks in Uzbekistan reaches 3 trln. Soums
4 Upcoming events
5 UzSE
6 Tenders list
7 AFS Research productline
8 AFS Research services
 

Asaka Bank’s assets grow by 19.1% in 2009
 

State joint stock commercial bank Asaka (Asaka Bank) increased its assets by 19.1% year-on-year in 2009 to 1.791 trillion soums.
Aggregate loan portfolio rose by 25.6% year-on-year to 1.013 trillion soums. Own capital of the bank increased by 83.8% and made up 357.3 billion soums, including charter capital of 300 billion soums.
Net income of the bank rose by 21.5% year-on-year to 26.6 billion soums in 2009.
Asaka Bank was founded in November 1995. The charter capital of the bank makes up 300 billion soums.
The shareholders are Finance Ministry of Uzbekistan (66.6% share in charter capital), Uzavtosanoat – 16.7% and Fund for Reconstruction and Development – 16.7%. (http://www.uzdaily.com/articles-id-8869.htm)
 

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