The report said that the net income of the bank, which was launched in middle of 2009, made up 54.739 million soums in 2009.

The assets of Asia Alliance Bank made up 91.131 billion soums (against 12.214 billion soums in 2009) and deposits reached 70.817 billion soums (7.208bn soums), the report said.

Liabilities of the bank made up 77,741 billion soums as of 31 December 2010 against 7.309 billion soums in the same period of 2009.

Own capital of Asia Alliance Bank reached 13.39 billion soums in 2010 compared to 4.906 billion soums in 2009, the report said.

Equity capital of the bank grew from 4.851 billion soums to 11.007 billion soums in the reporting period. Retained income increased from 54.739 million soums to 2.383 billion soums. Equity capital fully comprises of ordinary shares.