JSCB 'Asaka Bank' (ex.ASBU) announced non-audited results of 1 | Avesta Investment Group - Uzbekistan

JSCB "Asaka Bank" (ex.ASBU) announced non-audited results of 1Q21 by National Accounting Standards:
* Total assets increased by 29.9% YoY and reached 47.7 trillion UZS;
* Total liabilities rose by 35% and equaled 41.2 trillion UZS;
* Equity increased by 4.7% up to 6.5 trillion UZS;
* Net interest income increased by 28.7% up to 249 billion UZS, but sufficient reservation lead to net loss after reservation at 382.6 billion UZS;
* Net fee and commission income decreased by 29.7% and amounted 585.2 billion UZS;
* Net profit increased by 1.4% and reached 74 billion UZS;
* Estimated P/B ratio at the level of 139.01 UZS per share - 0.87;
* Estimated P/E ratio at the level of 139.01 UZS per share - 14.13.