PJSB 'Trastbank' (TRSB) announced the results of 1Q 2021 by NA | Avesta Investment Group - Uzbekistan

PJSB "Trastbank" (TRSB) announced the results of 1Q 2021 by NAS:
* Total assets grew by 40.7% y-o-y and reached 4,935 billion UZS;
* Total liabilities increased by 38% and reached 4,020 billion UZS;
* Shareholders equity rose up to 914.5 billion UZS, or by 54.6%;
* Net interest income increased by 23.8% and reached 118.2 billion UZS;
* Net fee and commission income increased by 48% and amounted 65.3 billion UZS;
* Net profit increased 1.6 times up to 93 billion UZS;
* Estimated P/B ratio at the level of 10,000 UZS per share - 3.94;
* Estimated P/E ratio at the level of 10,000 UZS per share - 11.35.