The bank’s assets grew by 13.4%, while net profit summed up to 1,807.8 billion soums by the end of 2024.
According to the results for 2024, Kapitalbank strengthened its position in the deposit market. Over the year, the volume of individual deposits grew by 37.2%, reaching a record 21,383.9 billion UZS (1,655.0 million USD). The loan portfolio increased by 6.3%, amounting to 31,617.4 billion UZS (2,447.1 million USD), while the share of non-performing loans was 4.5%, which is below the average level for the banking sector in Uzbekistan.
Kapitalbank’s net profit for the reporting period grew by 8%, reaching 1,807.8 billion UZS (142.9 million USD). The bank's total assets increased by 13.4%, amounting to 47,069.9 billion UZS (3,643.0 million USD), confirming the bank's stability in the country’s market and a high level of customer trust. Profitability indicators remain high: ROE 36.7%, ROA 4.1%, CIR 34.8%, demonstrating high operational efficiency.
— For many years, Kapitalbank has remained one of the leading financial institutions in the country, maintaining high growth rates of key indicators. Behind every number in the report is extensive work aimed at improving the financial well-being of the population, introducing new products, and digital banking services, — said Kirill Maevskiy, Chairman of the Board of Kapitalbank. — At the end of 2024, Kapitalbank was included in the list of systemically important banks in the country. The solvency of systemically important banks plays a key role in strengthening the stability not only of the financial system but also of the national economy as a whole. This confirms the reliability of Kapitalbank in Uzbekistan's fintech industry.
Kapitalbank is one of the largest private banks in Uzbekistan and has been providing a wide range of financial services for over 23 years. The bank serves more than 2 million retail clients and over 100,000 companies and entrepreneurs. The bank's network covers all regions of the country and includes more than 100 branches and offices, while the number of ATMs exceeds 1,500.
AUDITOR'S REPORT 2024
According to the results for 2024, Kapitalbank strengthened its position in the deposit market. Over the year, the volume of individual deposits grew by 37.2%, reaching a record 21,383.9 billion UZS (1,655.0 million USD). The loan portfolio increased by 6.3%, amounting to 31,617.4 billion UZS (2,447.1 million USD), while the share of non-performing loans was 4.5%, which is below the average level for the banking sector in Uzbekistan.
Kapitalbank’s net profit for the reporting period grew by 8%, reaching 1,807.8 billion UZS (142.9 million USD). The bank's total assets increased by 13.4%, amounting to 47,069.9 billion UZS (3,643.0 million USD), confirming the bank's stability in the country’s market and a high level of customer trust. Profitability indicators remain high: ROE 36.7%, ROA 4.1%, CIR 34.8%, demonstrating high operational efficiency.
— For many years, Kapitalbank has remained one of the leading financial institutions in the country, maintaining high growth rates of key indicators. Behind every number in the report is extensive work aimed at improving the financial well-being of the population, introducing new products, and digital banking services, — said Kirill Maevskiy, Chairman of the Board of Kapitalbank. — At the end of 2024, Kapitalbank was included in the list of systemically important banks in the country. The solvency of systemically important banks plays a key role in strengthening the stability not only of the financial system but also of the national economy as a whole. This confirms the reliability of Kapitalbank in Uzbekistan's fintech industry.
Kapitalbank is one of the largest private banks in Uzbekistan and has been providing a wide range of financial services for over 23 years. The bank serves more than 2 million retail clients and over 100,000 companies and entrepreneurs. The bank's network covers all regions of the country and includes more than 100 branches and offices, while the number of ATMs exceeds 1,500.
AUDITOR'S REPORT 2024