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Aloqabank

Bank🇺🇿UzbekistanPublic profile

State-owned bank for the communications and telecommunications sector

Founded
1994
Leadership
8 people

Profile in beta. Data from public sources, the App Store and official channels; the profile is maintained by the Finteqstan newsroom.

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About the bank

Aloqabank is a state-owned commercial bank founded in 1994 to serve communications enterprises, operating today as a universal bank.

It provides deposits, loans, cards, payments, and digital services to individuals and businesses. The bank's retail app is Zoomrad, and its business app is Aloqa Business.

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History and milestones
  1. May 2023MilestoneSigned memorandums of cooperation with German banks Commerzbank AG and Landesbank Baden-Württemberg totaling 50.0 million euros
  2. March 2023MilestoneSigned a $30 million financing line agreement between AlokaBank and the Islamic Corporation for the Development of the Private Sector
  3. November 2019MilestoneАлокабанк joined the Eurasian Regional Council of UnionPay International.
  4. October 21, 2017MilestoneObtaining license No. 48 for banking operations
  5. February 2017MilestoneEstablishment of partnership relations with Alfa-Bank.
  6. May 2015MilestoneEstablishment of correspondent relations with Bank of China.
  7. August 2014MilestoneEstablishment of correspondent relations with Agricultural Bank of China.
  8. May 2007MilestoneShares of Alokabank JSC were listed on the Republican Stock Exchange (UZSE: ALKB).
  9. September 2002MilestoneThe bank became a member of the Citizens' Bank Deposit Guarantee Fund.
  10. September 2001MilestoneThe bank became a member of the SWIFT international payment system.
  11. June 23, 2001MilestoneRenamed from SACB Alokabank to JSCB Alokabank and transformed into a universal bank
  12. August 1998MilestoneEstablishment of correspondent relations with JP Morgan Chase.
  13. August 1996MilestoneObtained a general license for foreign exchange operations
  14. March 22, 1995MilestoneRegistration of the bank by the Central Bank of the Republic of Uzbekistan and issuance of a general license for banking operations
  15. October 12, 1994MilestoneResolution of the Cabinet of Ministers of the Republic of Uzbekistan No. 502 on the creation of the Republican Joint-Stock Commercial Bank Alokabank