Research and Markets: Ipak Yuli Bank - Company Profile - Significant Place in the Debt Market - The Bank Has Registered Issue Prospectus of Subordinated Bonds In 2008

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/1e198c/ipak_yuli_bank_c) has
announced the addition of the "Ipak Yuli Bank - Company Profile" company profile
to their offering.

OJSCB "Ipak Yuli" is the largest among medium-sized banks in Uzbekistan. In
terms of size of assets and loan portfolio it is placed among top ten commercial
banks in Uzbekistan.

Ipak Yuli Bank - focused on crediting of small and medium businesses. The share
of the bank's loan portfolio accounted for 1.8% of loans, issued by commercial
banks of Uzbekistan in 2008.

Strong deposit policy - one of the highest values of the ratio CAGR over three
years. The share of the deposit portfolio of the bank within the structure of
deposits of the banking system has amounted to 3.7%.

Significant place in the debt market - the bank has registered issue prospectus
of subordinated bonds in 2008. Certificates of deposit were floated as well.

Our recommendations - Our analysts keep their recommendations on common and
preferred shares of the bank at "buy" level. In our opinion, the bank's shares
are undervalued, and they are mainly traded at their face value. Taking into
account steady high growth rates of net and gross profits, we believe that the
value of the bank's shares will fluctuate within the price corridor of 110-120
soums per share in 2009.

Key Topics Covered:

* General information about bank
* Shareholders information
* Stock trading summary
* Key financial indicators
* Dividend history
* Overview of growth factors
* Financial reports analysis
* Forecasts for following year
* Bank management members
* Financial statements for 2005-2008
* Financial ratios

For more information visit
http://www.researchandmarkets.com/research/1e198c/ipak_yuli_bank_c

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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