Within the emission, the bank will issue 200 million shares, of which 196 million are ordinary and 4 million preferred stocks. The par value of shares is 100 soums. Total sum of the emission is 20 billion soums.

According to the prospectus of the emission, the share of the emission will be placed on open subscription, while 25% of them were placed through Uzbekistan Stock Exchange.

The bank said that the charter capital makes up 60 billion soums. The charter capital consists of 588 million ordinary and 12 million preferred shares.

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.