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Alocabank’s net profit falls 91%

Considering the bank's report
Photo: Aaron Lefler / Unsplash

At the end of the third quarter of 2024, the bank’s report shows that Alokabank’s net profit totalled 21.3 bln soums, which is 90.8% less than in the same period last year.

In January-September 2023, the bank’s net profit exceeded 231 bln soums.

At the same time, its equity capital increased by 15.6% to 2.6 trillion soums this year.

Assets of the financial institution reached 19.7 trillion soums, having increased by 16.3% over the year.

Kursiv Uzbekistan also reports on Uzpromstroybank’s financial performance.