People's Bank's Assets Rises by 120 bln Soums
OREANDA-NEWS. February 28, 2008. In 2007 the State Commercial People's Bank increased the number of its clients to 6,700. Also, last year the bank achieved impressive results in improving the quality of the banking services provided, and increasing the number of loans extended, including investment loans, reported the press-centre of People's Bank.
As a result the total capital of the bank grew by 7,1 billion soums, the resource base – by 138,9 billion soums, assets – by 120 billion soums, and credit portfolio – by 61,5 billion soums. The size of the loans extended as a part of the bank's investment activity exceeded 66 billion soums.
The banks continues to attract idle funds of the population to its deposits. This remains one of the priority areas of the bank's activity. By increasing the resource base the bank raises its capacity to provide a large number of loans.
As of 1 January 2008 the population's deposits in the bank exceeded 103,3 billion soums. Almost 99% of the deposits in the bank's branches are deposits in national currency and the rest are in foreign currency. In the late 2007 the bank introduced 20 new deposit plans, through which it attracted additional 80 billion soums.
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