INFORMATION ON ACCRUED AND PAID DIVIDENDS
|
Period |
Per share (UZS) |
In percentage (%) |
|
For the year ended 2012 |
151,10 |
60,44% |
|
For the year ended 2013 |
159,55 |
63,82% |
|
For the year ended 2014 |
132,10 |
52,84% |
|
For the year ended 2015 |
- |
- |
|
For the year ended 2016 |
59,77 |
23,91% |
|
For the year ended 2017 |
96,58 |
38,63% |
|
In 2018 from retained earnings of previous years |
69,31 |
27,72% |
|
For the year ended 2018 |
- |
- |
|
For the year ended 2019 |
30,3 |
12,1% |
|
For the year ended 2020 |
Profit has not yet been distributed |
|
Justification of the proposed distribution of the Bank’s net profit for the year ended 2019, assessment of their compliance with the Dividend Policy of the Bank
In accordance with clause 36 of the Dividend Policy of ASIA ALLIANCE BANK (approved by the Decision of the Sole Shareholder, Minutes No.AC-01/2020 dated February 27, 2020), the Supervisory Board of the Bank gave the following recommendations on the distribution of the Bank’s net profit at the end of 2019 in the amount of 40 620 677 037,02 UZS:
- 5,0% or 2 031 033 851,85 UZS to increase general purpose reserve fund;
- 7.26% or 2 947 465 511,98 UZS to form reserve for standard assets during 2019;
- 50% or 20 310 338 684,21 UZS to increase registered share capital of the Bank by issuing additional shares;
- Leave the remaining part of the Bank’s net profit for 2019 in the amount of 15 331 838 988,98 UZS on the retained earnings account of the Bank.
Reliability of financial statements of JSCB “ASIA ALLIANCE BANK” at the end of 2019 confirmed by the conclusion of audit firm “Deloitte & Touche”.
No dividend payout arrears.
Contact Treasury Department of JSCB “ASIA ALLIANCE BANK” on the issues of payment of dividends. Contact telephone number: 71-231-60-00 (1043)