The bank will pay 8 soums per ordinary share and 20 soums per preferential shares, the statement of Alokabank said.

The bank will pay dividends on 332 million ordinary shares and 8 million preferential shares, Alokabank said.

Net income of Alokabank made up 5.3 billion soums in 2009, which is up by 6% year-on-year.

Alokabank was founded in line with the resolution of the Cabinet of Ministers of Uzbekistan from 12 October 1994 in order to ensure economic growth and financial support of the enterprises of the Uzbek Agency for Communication and Information and small and private businesses.

The bank carries out banking activity in line with the license for conducting banking activity of the Central Bank of Uzbekistan from 13 August 2004 (replaces license from 22 March 1995) and license on operations with hard currency from 29 January 2005 (replaces license from 21 August 1996).

Among shareholders of the bank are Uzbek Agency for Communication and Information, Uzbekistan Pochtasi, Uzbektelecom and others.