The licenses were updated due to opening of new headquarters of the bank in Qoqand city, which was built based on modern requirements of banking technologies and business processes.

New office also creates several additional advantages and convenience both for client and potential ones, the bank added.

Universalbank private open joint stock commercial bank was founded on 25 May 2002 with charter capital of 0.05 billion soums on the base of Qoqand private open joint stock commercial bank.

The headquarters of the bank is located in Qoqand city, Ferghana region of Uzbekistan. The main clients of the bank are small and private businesses, as well as retail clients.

Assets of the bank made up 47.3 billion soums as of 1 January 2012. Aggregate capital reached 15 billion soums as of 1 January 2012.