Information about the Bank

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History

01.07.2020

“Asaka” Bank was established in 1995. The Bank has held its leading position in the financial services market of Uzbekistan for more than 24 years. Major shareholders of the Bank are The Fund for Reconstruction and Development of the Republic of Uzbekistan, The Agency for State Assets Management of the Republic of Uzbekistan, as well as JSC "Almalyk MMC", UE "Bukhara Refinery", state-controlled joint-stock railway company "Uzbekistan Temir Yullari" SJSC and others.

“Asaka” Bank is one of the leading banks in Uzbekistan in terms of capital and assets. The Bank, seeking to cooperate with the broadest range of participants in the country's economic life, aims to meet the diverse needs of economic entities, regardless of the form of ownership and scale of activity, as well as all social strata of the country's population. The main focus of the Bank is the quality of the service provided, combined with an individual and flexible approach to each client.

The Bank is constantly working to improve the efficiency of its structural divisions and expand its presence in the banking market. Currently, the Asaka Bank system has 22 branches in all regions of the Republic, as well as 19 banking service centers and 6 mini-banks.

The number of business entities and individual entrepreneurs serviced by the Bank exceeds 52.5 thousand. Among them there are representatives of various industries and sectors of the economy: automotive, precision engineering and instrumentation, metalworking, mining, energy, construction, cotton processing and textile production, pharmaceuticals, printing, food processing, agriculture, transport, communications, trade, public catering, services and others.

The number of individuals - regular consumers of retail services of the Bank - is more than 2.2 million people.

“Asaka” Bank is an active participant in foreign economic cooperation. It helps attract foreign direct investment for the development of strategic sectors of the domestic economy. Correspondent relations are established with more than 370 leading foreign banks.

“Asaka” Bank pays great attention to its international status. In particular, international rating agencies such as “Fitch Ratings” and “Moody's Investors Service” assign ratings to the Bank on a regular basis.

The Bank's total assets as of January 1, 2020 amounted to 34.7 trillion soums.

The total capital of the Bank was 6.1 trillion soums.

The volume of the Bank's credit investments amounted to 26.3 trillion soums in the UZS equivalent.