DECREE
OF PRESIDENT OF THE
REPUBLIC OF UZBEKISTAN
24.04.1997
UP-1749
ON MEASURES
TO STIMULATE THE ESTABLISHMENT
OF PRIVATE COMMERCIAL BANKS
State banks
Banks with foreign capital
Banks with private capital
Banks with mixed ownership
3
5
12
10
“Asia Alliance” Bank OJSC is a leading and dynamic mid-size financial institution operating in
Uzbekistan basing on license of Central Bank of Uzbekistan from 15 Aug 2009 and providing
universal type of services to its clients.
ASIA ALLIANCE Bank pillars of success are universal and presented by:
o Corporate business. Over 700 clients mainly presenting SME business and using plain
vanilla products like loans, leasing operations, REPO, FX SPOT & SWAP deals, trade
operations (LC, Gtee, etc.), deposits in LCY and FCY.
o Retail business. Over 11000 customers requesting services in consumer loans, issuing
VISA cards and local debit cards, Money transfers.
With below systems in place Asia Alliance Bank is the key player on the local MONEY
TRANSFER market
o
While many private banks participate on the interbank market as buyers, we are net provider of liquidity to the
market.
o
Further development of correspondent banking relations enables low cost payment transfers and good
liquidity
As of today we work with:
Local banks:
Foreign banks:
National Bank of Uzbekistan
Commerzbank AG (Germany)
Asaka Bank
JSC Bank VTB (Russia)
Turon Bank
Alfa-Bank (Russia)
Ipak Yuli Bank
Promsvyaz’bank (Russia)
Orient Finance Bank
Asia – Invest Bank (Russia)
o
Bank obtained rating of international rating agency “Moody’s Investor Service Ltd.” and intends to continue
relationship and update its rating on a regular basis. Financial Audit for 2009, 2010 and 2011 has been
completed by PwC.
o
Preserving and maintaining universal banking business, further attraction of new clients
involved into sectors of Integrated Energy (O&G, M&M), Consumer products Manufacturing,
TMT.
o
Strengthening positions among the peer Commercial banks via expanding the network of
branches both in the capital and regions
o
Developing correspondent banking relations with the leading and reputable foreign banks
and discussing possibilities to open credit and trade finance lines
o
Further increase an authorized capital of the Bank that will allow attraction of large
corporate clients and retaining economic ratios of the Bank in line with CBU requirements
o
Connection to international dealing and information terminals of Thomson Reuters to have
a direct access to international markets and conclude deals with higher return
Letter of Credits issued in 2011
Equivalent in USD
Quantity
Amount
161
25 315 821,37
Commerzbank AG, Germany
86
24 602 062,35
VTB Bank, Russia
23
12 103 322,82
Promsvyazbak, Russia
3
97 547,00
Asia Invest Bank, Russia
273
62 118 753,55
TOTAL
Letter of Credits issued in 2010
Equivalent in USD
Quantity
Amount
28
2 669 050,62
Commerzbank AG, Germany
18
1 207 031,86
VTB Bank, Russia
5
472 541,54
Promsvyazbak, Russia
7
545 978,59
Asia Invest Bank, Russia
58
4 894 602,61
TOTAL
o
Asia Alliance Bank’s
total equity as of 1 Jan
2012 reached 27.5 bln
sum,
including
authorized capital in
amount of UZS 15.4
bln.
o The
extraordinary
general meeting of
shareholders
took
decision
on
30
December 2011 to
increase an authorized
capital to UZS 28 bln.
so that to comply with
requirements of local
Regulator to min.
amount of Charter
capital of Commercial
Bank.
160000
150204
66%
70%
133262
136953
140000
151000
60%
120000
50%
100000
40%
74200
80000
30%
60000
22%
37011
40000
19896
20000
55227
26%
7572
4962
5137
18%
33115 17%
14%
12549
5176
13209
15%
12%
16751
21958
16%
27199
20%
17%
28000
10%
5742
0
0%
01.01.2010 01.04.2010 01.07.2010 01.10.2010 01.01.2011 01.04.2011 01.07.2011 01.10.2011 01.01.2012 01.04.2012
Risk-weighed assets,mln.sum
Regulatory capital,mln.sum
Capital adequacy ratio
Net fixed assets
6%
Investment
Other
1%
1%
Loans &
Advances
17%
Due from
Central Bank
38%
Placed
interbank
deposits
14%
Due from
other banks
23%
o
o
o
o
o
o
o
o
Working Capital Financing
Project Financing
Microloans and Micro-leasing
Guarantees
Consumer Loans
Mortgage Lending
Factoring
Leasing
Other
19%
Agriculture
8%
Manufacturing
40%
Construction
4%
Retail
29%
LAW
OF THE REPUBLIC OF UZBEKISTAN
26.08.2004
№ 660-II
ON ANTI-MONEY LAUNDERING
AND COMBATING THE FINANCING OF TERRORISM
o
o
o
o
o
Government guarantees freedom of economic activity of private commercial banks and
financial institutions, equality and legal protection for all forms of ownership.
Government guarantees to private commercial banks and financial institution equal rights
and creates equal opportunities for access to material-technical, financial, labor and
information recourses.
Assets of private commercial banks and financial institution are not to be nationalized or
expropriated expect statutory cases.
The Central Bank of the Republic of Uzbekistan inspects and regulates activity of Credit
Institutions in accordance with legislation in order to ensure stability of financial-banking
system and protection of depositors interests.
Any information related to commercial banking or other secrecy of private commercial banks
and financial institutions is protected by law, and owner of such information shall take all
measures to protect such confidentiality.
OPEN JOINT STOCK COMMERCIAL BANK
«ASIA ALLIANCE BANK»
2а, Taraqqiyot street, Tashkent,
100047, Republic of Uzbekistan
Tel: (+998 71) 289-6688
Fax: (+99871) 289-5533
Email: [email protected]
www.aab.uz
THANK YOU!