Overdraft is a loan provided to an individual who has a special card account in soum with ASIA ALLIANCE BANK, opened as part of a salary project or for crediting a pension. Overdraft is issued within the limit and term.
ASIA ALLIANCE BANK is the first among local banks in Uzbekistan
The President of the Islamic Development Bank (IDB), Mr. Muhammad bin Suleiman Al Jassir, presented the award to the International Islamic Trade and Finance Corporation “The First Partner Bank in Uzbekistan”.
In order to purchase government securities it is necessary to conclude a service agreement with a primary dealer and submit a written order to buy/sell. ASIA ALLIANCE BANK is a primary dealer and market maker in the government securities market of Uzbekistan.
What currency pairs are available for currency exchange and conversion operations for corporate clients?
JSCB "ASIA ALLIANCE BANK" has the ability to conduct currency exchange operations in all freely convertible currencies, including currency pairs against the national currency. Including:
Against the national currency: USD/UZS, EUR/UZS, RUB/UZS, GBP/UZS, CHF/UZS, CNY/UZS and JPY/UZS;
On conversion of foreign currency of one type into foreign currency of another type: EUR/USD, GBP/USD, GBP/EUR, USD/CHF, EUR/CHF, USD/JPY, EUR/JPY, USD/AED, AED/RUB, EUR/AED, GBP/AED, CHF/AED, USD/CNY, EUR/CNY, GBP/CNY, CHF/CNY, USD/KZT, EUR/KZT, GBP/KZT, CHF/KZT, USD/RUB, EUR/RUB, GBP/RUB and CHF/RUB.
Bank loans, depending on the period of use, are divided into short-term (up to 1 year) and long-term (over 1 year).
Short-term lending - issued for a limited period, as a rule, for a period not exceeding 1 year, unless otherwise provided in the regulations of the Republic of Uzbekistan. Basically, short-term loans are allocated to business entities operating in the field of trade, services, manufacturing and other industries to replenish working capital, including the purchase of raw materials, the purchase of materials and components, payment for services and work performed, increase in inventory, expanding the range of manufactured products, covering seasonal costs, as well as for other purposes not prohibited by law.
Long-term lending - long-term loans are issued for a period of more than 1 year, depending on the payback of the project, unless otherwise provided in the regulations of the Republic of Uzbekistan and are allocated to finance capital investments, as well as for any other purposes not prohibited by law.