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FEATURES OF PRIVATE COMMERCIAL BANKS DEVELOPMENT IN UZBEKISTAN

FEATURES OF PRIVATE COMMERCIAL BANKS DEVELOPMENT IN UZBEKISTAN. BASICS OF PRIVATE BANKING INDUSTRY DEVELOPMENT. DECREE OF PRESIDENT OF THE REPUBLIC OF UZBEKISTAN 24.04.1997 UP -1749 ON MEASURES TO STIMULATE THE ESTABLISHMENT OF PRIVATE COMMERCIAL BANKS.

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FEATURES OF PRIVATE COMMERCIAL BANKS DEVELOPMENT IN UZBEKISTAN

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  1. FEATURES OFPRIVATE COMMERCIAL BANKS DEVELOPMENT IN UZBEKISTAN

  2. BASICS OF PRIVATE BANKING INDUSTRY DEVELOPMENT • DECREE • OF PRESIDENT OF THE • REPUBLIC OF UZBEKISTAN • 24.04.1997 • UP-1749 • ON MEASURES • TO STIMULATE THE ESTABLISHMENT • OF PRIVATE COMMERCIAL BANKS

  3. BANKS BY SHAREHOLDING CAPITAL STRUCTURE

  4. CORPORATE PROFILE • “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: • Corporate 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. • Retail 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

  5. FINANCIAL SERVICES & REPORTING • While many private banks participate on the interbank market as buyers, we are net provider of liquidity to the market. • 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) • 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.

  6. BUSINESS DEVELOPMENT • 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. • Strengthening positions among the peer Commercial banks via expanding the network of branches both in the capital and regions • Developing correspondent banking relations with the leading and reputable foreign banks and discussing possibilities to open credit and trade finance lines • 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 • Connection to international dealing and information terminals of Thomson Reuters to have a direct access to international markets and conclude deals with higher return

  7. FOREIGN ECONOMIC ACTIVITY

  8. CAPITALISATION & CAPITAL ADEQUACY • 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. • 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.

  9. ASSET STRUCTURE

  10. LOANS • Working Capital Financing • Project Financing • Microloans and Micro-leasing • Guarantees • Consumer Loans • Mortgage Lending • Factoring • Leasing

  11. LOAN PORTFOLIO DYNAMICS YoY

  12. LOAN PORTFOLIO STRUCTURE

  13. PILLARS OF PRIVATE COMMERCIAL BANKS DEVELOPMENT LAW OF THE REPUBLIC OF UZBEKISTAN 26.08.2004 № 660-II ON ANTI-MONEY LAUNDERING AND COMBATING THE FINANCING OF TERRORISM

  14. DEVELOPMENT OUTLOOK • Government guarantees freedom of economic activity of private commercial banks and financial institutions, equality and legal protection for all forms of ownership. • Government guarantees to private commercial banks and financial institution equal rights and creates equal opportunities for access to material-technical, financial,labor andinformation recourses. • Assets of private commercial banks and financial institution are not to be nationalized or expropriated expect statutory cases. • 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. • 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.

  15. OPEN JOINT STOCK COMMERCIAL BANK «ASIA ALLIANCE BANK» 2а, Taraqqiyot street, Tashkent, 100047, Republic of Uzbekistan Tel: (+998 71) 289-6688 Fax: (+99871) 289-5533 Email:info@aab.uz www.aab.uz

  16. THANK YOU!

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