JSCB 'Invest Finance Bank' (ex.INFB) announced the results of | Avesta Investment Group - Uzbekistan

JSCB "Invest Finance Bank" (ex.INFB) announced the results of 1Q2021:
* Total assets increased by 10.1% y-o-y and equaled to 4,538 billion UZS;
* Total liabilities grew by 8.4% and amounted 3,878 billion UZS;
* Equity rose to 659.6 billion UZS, or by 21.3%;
* Net interest income increased by 30.7% and reached 53.4 billion UZS;
* Net fee and commission income increased 1.6 times up to 45 billion UZS;
* Net profit increased 1.6 times and reached about 31.8 billion UZS;
* Estimated P/B ratio at the level of 1,000 UZS per share - 0.61;
* Estimated P/E ratio at the level of 1,000 UZS per share - 3.96.