• Source: Aloqabank
  • Joint-Stock Commercial Aloqabank (Aloqabank, Russian: Акционерно-коммерческий «Алокабанк», Uzbek: Aksiyadorlik Tijorat "Aloqabank", Акциядорлик Тижорат "Алоқабанк") is an Uzbek banking and financial services company headquartered in Tashkent.
    Aloqabank was founded under the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan No. 502 on October, 12th in 1994.


    Ownership


    At 1 July 2016, the interest of the shareholders in the Bank’s share capital was:


    Management



    The Chairman of the Board (CEO) is Kammuna Irisbekova, confirmed by the General Meeting of Shareholders in September 2017.
    The Chairman of the Supervisory Board of Aloqabank is Sherzod Shermatov, Acting Minister of Development of Information Technologies and Communications of the Republic of Uzbekistan.


    Main business


    The main business activities of the bank are:


    = Retail Banking

    =
    automated teller machines
    deposits taking
    provision of loans
    local and international payments and settlements
    debit cards


    = Corporate Banking

    =
    bills acceptance and discounting
    issuing of financial bonds
    provision of letters of credit and guarantee facilities
    bank card business
    Aloqabank is a participant of:

    Uzbekistan Banking Association
    Currency Exchange of the Republic of Uzbekistan
    Fund for “Guaranteeing citizens' deposits in banks”
    “Tashkent” Republican Stock Exchange
    National payment system of Uzbekistan
    International payment system SWIFT
    International payment system VISA
    Association of Lessors of Uzbekistan.


    Operations


    Bank provides a wide range of bank services to the enterprises of the real sector of the economy, small business, private entrepreneurship entities and population in amount of 350,000 through 14 branches, 23 minibanks, 105 operational cash offices and 22 international money transfer offices located in the Republic of Karakalpakstan, regions and Tashkent city.


    Financial indicators


    According to the audited IFRS report by Deloitte & Touche as of year-end 2015, total assets comprised 1,188.4 billion soum; net profit and equity constituted 29.0 and 173.8 billion soum respectively.
    Earnings per preference share (2015) accounted for 114 soum; earnings per ordinary share (2015) comprised 27 soum.
    Tier 1 Capital Adequacy Ratio = 16.26%
    Regulative Capital Adequacy Ratio = 17.01%


    Ratings




    See also




    References




    External links


    Official website
    Aloqabank on Instagram

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