JSCB 'Kapitalbank' (KPBA) announced non-audited results of 1Q2 | Avesta Investment Group - Uzbekistan

JSCB "Kapitalbank" (KPBA) announced non-audited results of 1Q2021 by NAS:
* Total assets increased by 44.5% y-o-y and reached 7.7 trillion UZS;
* Total liabilities rose by 44.1% and amounted 6.7 trillion UZS;
* Shareholders equity increased by 47.3% up to 984.6 billion UZS;
* Net interest income increased 1.6 times and amounted 77.98 billion UZS, due to 1.7 times increase in net loans to customers;
* Net fee and commission income increased 2.23 times and equaled to 128.7 billion UZS;
* Net profit 6.5 times higher than in 1Q2020 and reaching 81.6 billion UZS;
* Estimated P/B ratio at the level of 1,030 UZS per share - 0.17;
* Estimated P/E ratio at the level of 1,030 UZS per share - 0.85.