News

The Center for Economic Research and Reforms (CERR) under the President of the Republic of Uzbekistan has published a Banking activity index for the 1st quarter of 2022. According to the rating, for the 1st quarter of this year Ipoteka-bank achieved the highest growth among banks, rising by 6 positions and taking 3rd place among all banks and 1st place among the state-owned banks.

On March 24, 2022, a signing ceremony was held in the building of the EBRD's Tashkent office to increase the trade finance limit between JSCMB “Ipoteka Bank” and EBRD by 30 million US dollars. After increasing the trade finance limit, the total permanent TFP limit reached 55 million US dollars.

From 1 to 19 November 2021, the International Finance Corporation and the International Capital Markets Association (ICMA) organized a workshop on the Technical Assistance Program (GB-TAP) for Green, Social and Sustainability Bonds.

American bank “JPMorgan Chase” awarded  JSCMB “Ipoteka-Bank” for outstanding achievement of clearing quality with 98.56% in US dollars in MT103 STP class for 2021.

Balance sheet as of 30 June 2021 compared with 31 December 2020; P&L 1-6 2021 compared with 1-6 2020    

The agency’s analysts specify that current rating at 'BB-' with a “Stable” outlook considers the bank's majority state ownership, moderate systemic importance, current role in the government's economic and social policy, the low cost of potential support relative to sovereign international reserves and a record of capital and liquidity support from the state. Moreover, the bank's significant franchise in SME and mortgage lending, a solid capital cushion, and moderate profitability are also considered as factors of assessment.

As you know, with the initiative of the President, it was established the Fund of "EL YURT UMIDI" for training specialists abroad and communicate with compatriots.