OREANDA-NEWS. January 14, 2010. Alokabank open joint-stock commercial bank achieved the increase of its basic indicators' activity at the end of 2009. Thus, assets of the bank rose by 14.2% against 2008 to comprise 243.2 billion soums.

The capital of Alokabank on results of 2009 made up 46.3 billion soums, which is 37.4% more that the indicator as of the beginning of the year. The bank's net profit exceeded 5.3 billion soums as of 1 January of 2010, or 6% more on the year-on-year basis.

Alokabank was founded on 12 October 1994 by the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan with the purpose of rendering financial support to the enterprises entering the structure of the Uzbek Agency for Communication and Informatization as well as small businesses and private entrepreneurs.