OREANDA-NEWS. On November 11, 2008 Asakabank announced about calling extraordinary shareholders meeting on December 9 to discuss questions about increasing charter capital of the bank and making changes and additions to the charter of the bank.

Shareholders of the bank are Ministry of finance of Uzbekistan (98.33%) anв Uzavtosanoat (1.67%).

For the end of 2007 the bank was the 2nd largest bank of Uzbekistan which had market share of 13% on the basis of assets’ volume. Bank provides services through its branch networks which covers 13 regions of the country and has 27 branches, 91 mini banks, 117 currency exchange offices, 107 money transfer offices and 21 ATMs.

On July 2008 International rating agency Fitch Ratings rated bank: long-term default rating “B”, forecast “Stable”, short term default rating “B”, individual rating “D/E”, support rating “4” and the level of supporting long-term default is “B”.