Asakabank JSC

Asakabank JSC was founded in 1995 and entered in the Central Bank register on 19 January 1996. Its shareholders are the Fund for Reconstruction and Development of Uzbekistan (61.79%) and the Ministry of Economy and Finance (37.56%); small stakes belong to the Bukhara Oil Refinery, Uzavtosanoat, Uzagrosugurta and Uzbekinvest, so the bank is state-controlled. According to the history section of its website, Euromoney and Global Finance named it the best bank in Uzbekistan in 2005–2007, and in 2019 the European Bank for Reconstruction and Development recognised it as the most active issuing bank in its Trade Facilitation Programme.

It is a universal bank: households are offered car loans (partner programmes with UzAuto Motors, ADM, Changan, Geely, Kaiyi and other manufacturers), mortgages, consumer and education loans, microloans, deposits and cards; businesses get credit lines, letters of credit, guarantees, factoring, leasing and acquiring. Banking service centres operate in all fourteen regions. The head office is at 1 Yangi Toshkent Lane in Tashkent’s Shaykhantakhur district (Asaka Tower in the Tashkent City business district); the call centre is 1152 and the helpline is +998 71 200 55 22.

For travellers

International transfers: Western Union, Ria, Zolotaya Korona, Asia Express, Kwikpay, Astrasend and Best; card-to-card transfers via Visa Direct and Mastercard MoneySend, account transfers via SWIFT. Cards: Uzcard, Humo (including virtual), Visa (Red, Platinum, Infinite) and Mastercard (World, Platinum, Black Edition, World Elite). The Asakabank mobile app is available in Uzbek, Russian and English. Exchange rates are published on the website; the site has no separate section on cash exchange offices.