In line with the decision of the shareholders, the bank will pay 20 soums of dividends for preferential shares.

Total number of shares, on which dividends are paid, makes up 11,660,203 preferential shares, the bank said.

Overall, Aloqabank will direct 223.204 million soums to payment of dividends.

Aloqabank 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.