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Finance 16/08/2010 Asia Alliance Bank establishes correspondent relations with European banks
Asia Alliance Bank establishes correspondent relations with European banks
Tashkent, Uzbekistan (UzDaily.com) -- Asia Alliance Bank private open joint stock commercial bank established correspondent relations with larger banks of Russia and Europe, the bank said in a statement.

The Uzbek bank set correspondent relations with Asia-Invest Bank (Russia), Promsvyazbank (Russia) and Commerzbank AG (Germany).

The bank said its customers not can make wire transfers in US dollars, euros, Russian rubles and other currencies through these banks.

Asia Alliance Bank private open joint stock commercial bank is young and dynamically developing bank in Uzbekistan. It received license from the Central Bank of Uzbekistan on 15 August 2009. On 1 March 2010, the bank received general license for carrying out operations with foreign currency.

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