Asia Alliance Bank

What Asia Alliance Bank does

Asia Alliance Bank is a private commercial bank headquartered in Tashkent, Uzbekistan, operating under Banking License N-79 issued by the Central Bank of the Republic of Uzbekistan on December 25, 2021. The bank delivers a full-service platform spanning retail, corporate, and institutional banking to individual consumers, SMEs, women entrepreneurs, corporate clients, and financial institutions across Uzbekistan. Its operating geography is exclusively domestic, headquartered in Tashkent with regional banking offices, banking service centers, ATMs, and currency exchange offices throughout the country.

The bank's core technology infrastructure is anchored by Alliance Pay, a mobile banking application available on iOS, Android, and AppGallery, supporting NFC payments via HUMO cards, electronic precious metals savings (gold and silver), direct account-to-account transfers, and international remittances via SWIFT and Visa Direct. Corporate and retail clients also access services through a Corporate Internet Banking portal, Personal Cabinet, and VISA/UnionPay personal cabinet. The bank operates as a primary dealer and market maker in Uzbekistan's government securities market and conducts multi-currency exchange operations across USD, EUR, RUB, GBP, CHF, CNY, and JPY. International connectivity extends to VISA, UnionPay, HUMO, UZCARD, Western Union, MoneyGram, Golden Crown, AsiaExpress, OlmaPay, Astrasend, and Kwikpay, alongside SWIFT (code ASACUZ22).

Revenue is generated through traditional banking streams: net interest income from lending (consumer, mortgage, auto, microcredit, business loans, factoring, leasing), transaction fees from account maintenance, card operations, international transfers, and currency exchange, plus fee income from primary dealer and market-making in government securities. Distribution combines physical branches, dedicated corporate account managers for relationship banking, and digital self-service channels. The bank has attracted international development finance partnerships with OeEB (Development Bank of Austria, USD 15 million, May 2026), ITFC, IBRD, IDA, and ICD, expanding its funding base for SME, women entrepreneurship, and green economy lending.

Name

Asia Alliance Bank

Legal name

ATB «Asia Alliance Bank»

Website

https://aab.uz

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

251–500 employees

Short description

Asia Alliance Bank is a Tashkent-based private commercial bank providing retail, corporate, and institutional banking through the Alliance Pay mobile app, internet banking, and branch network. It serves individuals, SMEs, women entrepreneurs, and corporate clients in Uzbekistan with lending, payments, and government securities services.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021), State Commercial Banks (6022)

akta.pro primary industry

General SME & Middle-Market Commercial Banking (FSABABAA)

akta.pro secondary industry

SME Trade Finance & Working Capital (LCs, Guarantees, Receivables) (FSABABAF)

Keywords

• Retail banking services
• Corporate banking solutions
• Mobile banking platform
• International remittance services
• SME lending programs

Headquarters

HQ city

Tashkent

HQ country

Uzbekistan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Interest Income: Traditional banking interest income from lending activities including consumer loans, mortgages, auto loans, business loans, and credit lines to individuals and corporate clients.
2. Commission and Fee Income: Fees from banking operations including account maintenance, payment processing, card transactions, currency exchange, international transfers (SWIFT, Western Union, MoneyGram), and settlement services.
3. Deposits and Savings: Acceptance of deposits from individuals and legal entities in national and foreign currencies, offering various deposit products including term deposits, savings deposits, and demand deposits.
4. Government Securities Operations: Primary dealer and market maker operations in Uzbekistan government securities market, buying and selling state securities for clients.
5. Currency Operations: Foreign exchange operations, currency conversion services, and currency trading for corporate and retail clients in multiple currency pairs.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Asia Alliance Bank is a commercial bank in Uzbekistan that accepts deposits and provides a full range of lending products (consumer, mortgage, auto, microcredit, business, foreign credit lines), international money transfers (SWIFT, Visa Direct, Western Union, MoneyGram and others), foreign currency exchange, factoring, leasing, guarantees, salary projects, and primary dealer services in the government securities market. It serves individuals, SMEs, women entrepreneurs, corporate clients, and financial institutions through physical branches, ATMs, the Alliance Pay mobile application, Alliance Mobile (corporate), Corporate Internet Banking, Personal Cabinet, and the VISA/UnionPay Personal Cabinet.

Product overview

Asia Alliance Bank (ATB) is a Uzbekistan-based commercial bank offering a comprehensive banking platform spanning retail, corporate, and institutional banking. The core product portfolio centers on Alliance Pay (mobile banking app with NFC payments, metal savings, and account transfers), Alliance Mobile (corporate mobile banking), Internet Banking, and Personal Cabinet platforms. Retail offerings include auto loans, mortgages, consumer loans, microcredit products, overdrafts, deposit products (including the Deposit Constructor with customizable terms), metal savings for gold/silver investment, and international remittance services (SWIFT, Visa Direct, Western Union, MoneyGram, and other providers). Corporate banking includes business loans (15+ programs covering SME financing, green economy, employment assistance, and more), foreign credit lines from international institutions (IBRD, IDA, ITFC, ICD), factoring, guarantees, leasing, salary projects, and deposit certificates. The bank serves as a primary dealer and market maker in Uzbekistan's government securities market. International services cover SWIFT transfers, multi-currency exchange operations, and correspondent banking relationships.

Differentiator

Problem solved

Functional benefit

Brands

• Alliance Pay: Mobile banking application offering financial management, money transfers, and payment services including metal account management (gold and silver investments).
• Alliance Premium
• Alliance Mobile

Products and services

• Alliance Pay Mobile banking application for individual customers enabling financial management including money transfers, bill payments, currency exchange, card management, NFC payments via HUMO cards, electronic precious metals accounts (gold and silver), deposit opening, and direct account-to-account transfers. Available on iOS, Android, and AppGallery.
• Alliance Mobile Mobile banking application for corporate clients providing access to corporate banking services on mobile devices, complementing the Alliance Pay retail app.
• Corporate Internet Banking (Korporativ Internet Bank) Online banking platform for corporate clients to manage business accounts, initiate currency purchase and sale operations, create payment orders, and execute SWIFT transfers online.
• Personal Cabinet (Shaxsiy Kabinet) Online banking platform for individual clients to manage personal accounts, cards, and transactions.
• VISA/UnionPay Personal Cabinet Dedicated online banking interface for VISA and UnionPay international cardholders to manage their cards.
• Deposit Constructor (Depozit Konstruktor) Customizable deposit product allowing customers to select their own term, amount, and conditions with top-up and partial withdrawal capabilities for individuals.
• Metal Savings (Metall Hisobi) Electronic precious metals savings account within Alliance Pay allowing customers to invest in gold and silver with real-time value tracking without physical bullion storage.
• SWIFT International Transfers International wire transfer service with real-time tracking capability. SWIFT code ASACUZ22. Supports BEN, OUR, and SHA commission options. Available via mobile app and internet banking.
• Visa Direct Instant cross-border money transfer service enabling transfers to VISA cards in over 150 countries, available within Alliance Pay mobile application.
• Mening Uyim (My Home) Utility Payments Consolidated bill payment service for utilities, internet, and mobile communications with up to 1% cashback.
• Online Microloan (Mikroqarz Online) Digital microloan product for existing salary clients of Asia Alliance Bank, available without visiting a bank branch.
• Auto Loans (Avtokredit) Vehicle financing products for various car brands including Changan-Deepal, HAVAL, Onix, Tracker, DAMAS, HYUNDAI AUTO ASIA, JETOUR-SOUEAST, ROODELL, KIA, GM, CHANGAN, and ASAKA MOTORS INTERNATIONAL. Covers both primary and secondary market vehicles.
• Mortgage Loans (Ipoteka Krediti) Home financing products including New House, New House-Hybrid, Royal Residence, and Bashkent mortgage programs covering both primary and secondary market properties.
• Consumer Loans (Iste'mol Krediti) Personal consumption loans including Alternative Energy and Sayohatlar Sari (Travel) products for individual borrowers.
• Microcredit Products Small-scale lending products including Mahalla Tadbirkori, Mening Mahallam, Biznes+, Imkon microloans, Collateral microloans, Mahalla Prosperity microloans, and Online microloans targeting small businesses and individuals.
• Overdraft Credit facility for salary project clients and pension recipients with established limits and terms. Online overdraft option also available.
• Business Loans for Corporate Clients Comprehensive corporate business lending portfolio including LOANS LIMIT, BIZNES STANDART, TEZKOR SARMOYA (Quick Investment), BIZNES IPOTEKA (Business Mortgage), UNIVERSAL ECO AUTO, BANDLIKKA KOMAK (Employment Assistance), YANGI TADBIRKOR (New Entrepreneur), YASHIL IQTISODIYOT (Green Economy), KICHIK BIZNESNI QOLLASH (Small Business Support), BIRDAM MAHALLA, MAHALLA RIVOJI, TEZKOR PLUS, ODIY, and IMKONIYAT programs.
• Foreign Credit Lines International financing lines including IBRD fruit and vegetable sector development, IDA livestock sector development, IBRD energy efficiency improvement, ITFC (International Islamic Trade Finance Corporation), and ICD (Islamic Corporation for Development of Private Sector) credit lines for corporate clients.
• Factoring Factoring services for corporate clients to improve cash flow through accounts receivable management.
• Guarantees and Warranties Bank guarantees and warranty services for corporate clients.
• Leasing Leasing services for corporate clients to finance equipment and asset acquisitions.
• Salary Project Corporate salary disbursement service enabling businesses to pay employee salaries through the bank.
• Deposit Certificates Deposit certificate products for corporate clients for fixed-term savings.
• Government Securities Market Services Primary dealer and market maker services for Uzbekistan government securities, enabling corporate clients to buy and sell government bonds.
• Currency Exchange Operations Foreign currency exchange services supporting USD, EUR, RUB, GBP, CHF, CNY, JPY against UZS, as well as cross-currency pairs. Exchange rates determined by internal currency market supply and demand.
• International Money Transfers (Multiple Networks) Cross-border money transfer services via Western Union, MoneyGram, Golden Crown, AsiaExpress, OlmaPay, Astrasend, Kwikpay, and SWIFT for retail and corporate clients.
• Deposit Boxes (Safe Deposit Boxes) Safe deposit box rental services for individuals to secure valuables.
• Correspondent Banking Relations Correspondent banking relationships and interbank services for financial institutions.
• Money and Currency Market Operations Interbank money and currency market operations for financial institutions.
• Government Securities Market Operations (Financial Institutions) Government securities market services for financial institutions, including primary dealer and market maker activities.

Quantifiable outcome

• Financing facility of USD 15 million secured from OeEB for SME, women entrepreneurship, and green projects
• +1 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

Feature8 records

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCqv8K9lKq0NIF2ZLdPLJsqw
• Facebookfacebook.com/AsiaAllianceBank
• Instagraminstagram.com/asia_alliance_bank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Asia Alliance Bank