The bank said that its assets rose from 422.1 billion soums as of 1 October 2011 to 611.9 billion soums as of 1 October 2012. The growth rate made up 45%.

Alokabank’s capital grew from 73.4 billion soums to 99.8 billion soums in the reporting period. The growth rate made up 36%.

Income of the bank grew by 67% in the reporting period from 5.5 billion soums to 9.2 billion soums.

Alokabank was founded in line with the resolution of the Cabinet of Ministers of Uzbekistan from 12 October 1994 in order to ensure economic growth and financial support of the enterprises of the Uzbek Agency for Communication and Information and small and private businesses.

The bank carries out banking activity in line with the license for conducting banking activity of the Central Bank of Uzbekistan from 13 August 2004 (replaces license from 22 March 1995) and license on operations with hard currency from 29 January 2005 (replaces license from 21 August 1996).

Among shareholders of the bank are Uzbek Agency for Communication and Information, Uzbekistan Pochtasi, Uzbektelecom and others.