Uzbekistan news for March 09, 2010

In this issue:

2 Corporate news
2 Maxam-Chirchiq to modernize its capacities
2 Savdogar Bank’s assets grow by 31.5% in 2009
2 Dori-Darmon introduces M-APTEKA Plus software
2 Last week’s major legislation news
3 Industry news
3 Gazprom to complete exploration works at Ustyurt in 2010
4 Politics and Economics
4 Nominal money income of Uzbek population increases by 36.5%
4 566,300 persons were placed in jobs in Uzbekistan in 2009
4 Upcoming events
5 UzSE
6 Real Estate commercial offers
7 Tenders list
8 AFS Research productline
9 AFS Research services
 

Savdogar Bank’s assets grow by 31.5% in 2009
 

Savdogar, an Uzbek-German bank, increased its assets by 31.5% year-on-year to 163 billion soums in 2009.
The bank’s loan portfolio grew by 25.1% year-on-year to 101.5 billion soums in 2009, liabilities rose by 30.4% to 148.81 billion soums. Own capital of Savdogar Bank grew by 1.45 times to 14.189 billion soums.
Deposit portfolio reached 125.7 billion soums in 2009, or rose by 62.6% year-on-year.
Net income of Savdogar Bank increased by 14.8% year-on-year to 2.872 billion soums in 2009, the bank said.
Currently, the bank’s charter capital was 12 billioni soums, which consists of 1,200 ordinary shares with par value of 10 million soums each. (http://www.uzdaily.com/articles-id-9177.htm)
 

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