Compared to January-September last year, the revenues of organizations in the financial sector of the economy increased by almost a third

28-11-2020
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In January-September 2020, 622 organizations operated in the financial sector of the economy, including the National Bank, 23 commercial banks, 583 non-bank financial and credit organizations and 15 insurance companies.

For 9 months of 2020, they received income in the amount of 41.2 billion soms, which is 32 percent more than in the corresponding period of the last year. At the same time, 95.6 percent of income growth was provided by the banking sector.

As for the expenses of organizations in the financial sector, for the same period, they amounted to 29.2 billion soms and increased by 16 percent.

Performance indicators of enterprises in the financial sector of the economy in January-September (million soms)

At the end of 9 months of 2020, enterprises in the financial sector of the economy received a positive balanced financial result, which reached almost 12 billion soms in profit, which is 2 times higher than the same indicator for the corresponding period of the last year. The profit growth by 95 percent was provided by the banking system, and by 4.2 percent - by microcredit organizations.

The share of profitable organizations in the financial sector in January-September 2020 amounted to more than 61 percent of their total number, and about 20 percent of organizations received losses.