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Finance 13/09/2010 Alokabank to pay dividends for 2Q 2010
Alokabank to pay dividends for 2Q 2010
Tashkent, Uzbekistan (UzDaily.com) -- Alokabank open joint stock commercial bank will pay dividends for the second quarter of 2010. The shareholders of the bank adopted the corresponding decision.

In line with the decision, the bank will pay 20 soums per preferential share, which makes up 20% of shares’ par value. Total number of shares, of which dividends are paid, is 8 million units.

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.

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