Aloqabank Financial Overview and Management

Aloqabank is a leading financial institution in Uzbekistan, with a strong presence in the country's banking sector. The bank was established in 1994 and has since grown to become one of the largest banks in the country.

The bank's financial performance is impressive, with a total asset value of over 13 trillion Uzbek soms. This significant growth is a testament to the bank's successful business model and strategic expansion efforts.

Aloqabank's management team is comprised of experienced professionals with a deep understanding of the banking industry. The bank's leadership has implemented various initiatives to improve operational efficiency and customer satisfaction.

Aloqabank's ownership structure is quite diverse, with a total of 12 shareholders holding varying percentages of the bank's share capital. The largest shareholders are Center of Electromagnetic Compatibility and Fund of the Development of Information-Communication Technologies, each owning 21.36% of the bank.

Other notable shareholders include JSC "Uzbektelecom" with 18.97%, Tashkent University of Information Technologies with 6.45%, and JSC "Alskom" Insurance Company with 6.44%. The remaining shareholders own smaller percentages, ranging from 1.59% to 10.57%.

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Here is a breakdown of the top 5 shareholders:

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

The management team of Aloqabank is led by Kammuna Irisbekova, who serves as the Chairman of the Board (CEO) since September 2017.

Kammuna Irisbekova has been at the helm of the bank since 2017, providing steady leadership to the team.

The Chairman of the Supervisory Board of Aloqabank is Sherzod Shermatov, who also holds the position of Acting Minister of Development of Information Technologies and Communications of the Republic of Uzbekistan.

Sherzod Shermatov brings a wealth of experience to the role, having served as Acting Minister of Development of Information Technologies and Communications of the Republic of Uzbekistan.

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Aloqabank's management team is committed to providing excellent customer service, as evident from the bank's updated Internet Banking for Legal Entities (IBLE) system.

Here are some key features of the IBLE system:

Aloqabank offers a range of corporate banking services, including bills acceptance and discounting. These services can be a game-changer for businesses looking to manage their cash flow effectively.

One of the key benefits of working with Aloqabank is the ability to issue financial bonds. This can be a great way for companies to raise capital and invest in their future.

Aloqabank also provides letters of credit and guarantee facilities, which can help businesses secure transactions and mitigate risk. These services are essential for companies operating in international markets.

Bank card business is another area where Aloqabank excels. Their services can help businesses accept payments and manage customer relationships more efficiently.

Here are some of the key corporate banking services offered by Aloqabank:

Aloqabank offers a range of corporate banking services, including bills acceptance and discounting, issuing of financial bonds, and provision of letters of credit and guarantee facilities.

The bank is a participant of several key organizations, including the Uzbekistan Banking Association, Currency Exchange of the Republic of Uzbekistan, and the National payment system of Uzbekistan.

Aloqabank's corporate banking services are designed to support businesses in their financial needs.

Here are some of the key corporate banking services offered by Aloqabank:

For legal entities, Aloqabank offers an updated Internet Banking system with improved and faster customer services.

The Internet Banking system allows users to send financial documents to the bank, access account records, and follow transaction stages in real-time.

Here are some of the key features of Aloqabank's Internet Banking system:

Aloqabank's Internet Banking system is designed to be easy-to-use, safely secure, and simple to connect to.

Here are the current exchange rates for various currencies:

Aloqabank has a wide reach, providing services to 350,000 customers through 14 branches, 23 minibanks, 105 operational cash offices, and 22 international money transfer offices.

The bank's extensive network covers the Republic of Karakalpakstan, regions, and Tashkent city, making it a convenient option for many.

Aloqabank's financial health is also impressive, with total assets of 1,188.4 billion soum as of year-end 2015.

Its net profit and equity were 29.0 and 173.8 billion soum, respectively, demonstrating a solid financial foundation.

Here's a breakdown of Aloqabank's key financial indicators:

The bank's operations are quite extensive, with a network of 14 branches, 23 minibanks, 105 operational cash offices, and 22 international money transfer offices across the Republic of Karakalpakstan, regions, and Tashkent city.

They provide services to a large client base of 350,000 individuals and entities, including enterprises from the real sector of the economy, small businesses, private entrepreneurship entities, and the general population.

Their services are accessible across the country, with a strong presence in rural areas through their network of operational cash offices.

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Let's take a look at the financial indicators of this company. As of year-end 2015, total assets comprised 1,188.4 billion soum.

The company's net profit and equity were 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.

The Tier 1 Capital Adequacy Ratio was 16.26%, and the Regulative Capital Adequacy Ratio was 17.01%.

Here's a summary of the company's key financial indicators: