Fitch Ratings confirms IPOTEKA-BANK’s ratings at BB-/B, with a «Stable» outlook.

According to the analysts of the international rating agency "Fitch Ratings", "Ipoteka-bank" has a strong franchise for mortgage loans and has historically paid special attention to this segment. The bank's net interest margin improved and cost-to-income ratio (CIR) decreased to 34% last year due to effectively controlled operating expenses. In 2021, the profitability of the bank's capital was 20%, and according to the rating of "Fitch Ratings", it is considered profitable comparing with many other banks in Uzbekistan.

JSCMB "Ipoteka-bank" is one of the largest banks in the banking system of Uzbekistan, and today it has an 8% share in bank assets. In the following years, the bank aims to increase its banking products, provide improved high-quality services to its customers in all business segments.