DECREE OF PRESIDENT OF THE

REPUBLIC OF UZBEKISTAN24.04.1997

UP-1749

ON MEASURES TO STIMULATE THE ESTABLISHMENT

OF PRIVATE COMMERCIAL BANKS

State banks 3Banks with foreign capital 5Banks with private capital 12Banks with mixed ownership 10

“Asia Alliance” Bank OJSC is a leading and dynamic mid-size financial institution operating in Uzbekistan basing on license of Central Bank of Uzbekistan from 15 Aug 2009 and providing universal type of services to its clients.

ASIA ALLIANCE Bank pillars of success are universal and presented by:oCorporate business. Over 700 clients mainly presenting SME business and using plain vanilla products like loans, leasing operations, REPO, FX SPOT & SWAP deals, trade operations (LC, Gtee, etc.), deposits in LCY and FCY.oRetail business. Over 11000 customers requesting services in consumer loans, issuing VISA cards and local debit cards, Money transfers.

With below systems in place Asia Alliance Bank is the key player on the local MONEY TRANSFER market

o While many private banks participate on the interbank market as buyers, we are net provider of liquidity to the market.

o Further development of correspondent banking relations enables low cost payment transfers and good liquidity

As of today we work with:

Local banks:   Foreign banks:

National Bank of Uzbekistan Commerzbank AG (Germany)

Asaka Bank JSC Bank VTB (Russia)

Turon Bank Alfa-Bank (Russia)

Ipak Yuli Bank Promsvyaz’bank (Russia)

Orient Finance Bank Asia – Invest Bank (Russia)

o Bank obtained rating of international rating agency “Moody’s Investor Service Ltd.” and intends to continue relationship and update its rating on a regular basis. Financial Audit for 2009, 2010 and 2011 has been completed by PwC.

o Preserving and maintaining universal banking business, further attraction of new clients involved into sectors of Integrated Energy (O&G, M&M), Consumer products Manufacturing, TMT.

o Strengthening positions among the peer Commercial banks via expanding the network of branches both in the capital and regions

o Developing correspondent banking relations with the leading and reputable foreign banks and discussing possibilities to open credit and trade finance lines

o Further increase an authorized capital of the Bank that will allow attraction of large corporate clients and retaining economic ratios of the Bank in line with CBU requirements

o Connection to international dealing and information terminals of Thomson Reuters to have a direct access to international markets and conclude deals with higher return

Letter of Credits issued in 2011

Equivalent in USD

Quantity AmountCommerzbank AG, Germany 161 25 315 821,37

VTB Bank, Russia 86 24 602 062,35Promsvyazbak, Russia 23 12 103 322,82

Asia Invest Bank, Russia 3 97 547,00TOTAL 273 62 118 753,55

Letter of Credits issued in 2010

Equivalent in USD

Quantity AmountCommerzbank AG, Germany 28 2 669 050,62

VTB Bank, Russia 18 1 207 031,86Promsvyazbak, Russia 5 472 541,54

Asia Invest Bank, Russia 7 545 978,59TOTAL 58 4 894 602,61

o Asia Alliance Bank’s total equity as of 1 Jan 2012 reached 27.5 bln sum, including authorized capital in amount of UZS 15.4 bln.

o The extraordinary general meeting of shareholders took decision on 30 December 2011 to increase an authorized capital to UZS 28 bln. so that to comply with requirements of local Regulator to min. amount of Charter capital of Commercial Bank.

7572

19896

37011 33115

55227

74200

136953 133262150204

151000

4962 5137 5176 5742

12549 13209 1675121958 27199 28000

66%

26%

14%17%

22%18%

12%15% 16% 17%

0%

10%

20%

30%

40%

50%

60%

70%

0

20000

40000

60000

80000

100000

120000

140000

160000

01.01.2010 01.04.2010 01.07.2010 01.10.2010 01.01.2011 01.04.2011 01.07.2011 01.10.2011 01.01.2012 01.04.2012

Risk-weighed assets,mln.sum Regulatory capital,mln.sum Capital adequacy ratio

Due from Central Bank

38%

Due from other banks

23%

Placed interbank deposits

14%

Loans & Advances

17%

Investment1%

Net fixed assets6%

Other1%

o Working Capital Financing o Project Financing o Microloans and Micro-leasingo Guaranteeso Consumer Loanso Mortgage Lendingo Factoringo Leasing

Other19%

Agriculture8%

Retail29%Construction

4%

Manufacturing40%

 

LAW OF THE REPUBLIC OF UZBEKISTAN

26.08.2004№ 660-II

ON ANTI-MONEY LAUNDERING AND COMBATING THE FINANCING OF TERRORISM

o Government guarantees freedom of economic activity of private commercial banks and financial institutions, equality and legal protection for all forms of ownership.

o Government guarantees to private commercial banks and financial institution equal rights and creates equal opportunities for access to material-technical, financial, labor and information recourses.

o Assets of private commercial banks and financial institution are not to be nationalized or expropriated expect statutory cases.

o The Central Bank of the Republic of Uzbekistan inspects and regulates activity of Credit Institutions in accordance with legislation in order to ensure stability of financial-banking system and protection of depositors interests.

o Any information related to commercial banking or other secrecy of private commercial banks and financial institutions is protected by law, and owner of such information shall take all measures to protect such confidentiality.

OPEN JOINT STOCK COMMERCIAL BANK «ASIA ALLIANCE BANK»

2а, Taraqqiyot street, Tashkent, 100047, Republic of Uzbekistan

Tel:  (+998 71) 289-6688Fax: (+99871) 289-5533Email: info@aab.uz

www.aab.uz 

THANK YOU!