Posted by: 13 may, 2025
Ipoteka Bank OTP Group, a member of the international financial group OTP Group, has announced its financial results for the first quarter of 2025, prepared in accordance with International Financial Reporting Standards (IFRS). The bank demonstrated solid growth and high profitability, confirming its successful integration into the international banking group and its significant contribution to OTP Group’s overall results.
Key financial highlights for Q1 2025:
• Year-on-year growth in assets: +13%
• Growth in equity: +34%
• Net profit: 436 billion UZS (equivalent to 34 million USD)
• Cost-to-income ratio: 45%
• Cost of risk: 0.12%
• Return on equity (ROE): 29.8%
• Return on assets (ROA): 4.5%
Ipoteka Bank OTP Group remains the largest retail bank and the fifth-largest bank in Uzbekistan, with a market share of approximately 6.3% by total assets. The positive dynamics of the first quarter confirm the effectiveness of its growth strategy, a strong focus on customer needs, and solid operational management.
Key financial highlights for Q1 2025:
• Year-on-year growth in assets: +13%
• Growth in equity: +34%
• Net profit: 436 billion UZS (equivalent to 34 million USD)
• Cost-to-income ratio: 45%
• Cost of risk: 0.12%
• Return on equity (ROE): 29.8%
• Return on assets (ROA): 4.5%
Ipoteka Bank OTP Group remains the largest retail bank and the fifth-largest bank in Uzbekistan, with a market share of approximately 6.3% by total assets. The positive dynamics of the first quarter confirm the effectiveness of its growth strategy, a strong focus on customer needs, and solid operational management.
