Net income of the bank made up 7.007 billion soums in 2010, which was distributed at the general shareholders meeting.

Shareholders of the bank directed 30% of net income or 2.102 billion soums for formation reserve fund, and 10% or 630.437 million soums to formation of Preferential Crediting Fund. The bank also issued 2% of net income or 140.14 million soums to fund under the Board of the bank.

Aloqabank’s shareholders directed 3.415 billion soums of net income for 2010 and 14.937 million soums of undistributed income of previous years to payment of dividends for ordinary shares. At the same time, the shareholders stated that the bank directed 719.26 million soums to payment of interim dividends on preferential shares for the first, second, third and fourth quarters of 2010.

The bank said that it will pay 7 soums per ordinary share. At the same time, the shareholders adopted decision on direction of dividends to purchase of shares of new emission at written request of the shareholders.

The shareholders of the bank also approved charter capital formed at the size of 50 billion soums and announced emission of shares for 30 billion soums.

New emission of shares will comprise of 294 million ordinary shares and 6 million preferential shares with par value of 100 soums each.