Financial indicators of Asia Invest Bank
On 2000-year results JSCB 'Asia Invest
Bank' generated net profit of USD 530 thousand.
As of 01.01.2001 the main financial
indicators of JSCB 'Asia Invest Bank' were the following:
| Indicators
|
 |
1 January 2000
|
|
1
January 2001 |
|
| Assets |
|
17 265 |
|
25 400 |
|
| Liabilities |
|
10 855 |
|
17 430 |
|
Internal
funds, Owners equity
|
|
6 410 |
|
6 390 |
|
|
Very soon the authorized capital of
JSCB 'Asia Invest Bank' is expected to grow by USD 2 million
which will facilitate:
 |
procurement of
office premises for the Bank for USD 1200 thousand
|
| |
the Bank's participation
in the authorized capital of joint Russian - Uzbek insurance
company which is being established with the Bank's equity
participation for USD 510 thousand
|
In 1999 - 2000 there was expansion
of banking activity of JSCB 'Asia Invest Bank' due to increase
of number of accounts opened for clients, growth of overall
turnover on all Bank accounts increase of volume of transactions
in foreign exchange and registration of increased number of
export/import contracts as an agent of foreign exchange regulation,
control.
In 2001 it is planned to increase
the JSCB 'Asia Invest Bank' capital by USD 2 million to 13
million. New shareholders, large companies like 'UzbekInvest',
'Uzplodoovoshvinprom', 'Avtoprom' are expected to join the
Joint Stock Commercial Bank.
The program of JSCB 'Asia Invest Bank'
development for 2001 contains measures to improve various
areas of the Bank activity in addition to increase of the
authorized capital. The major measures are the:
Strengthening of the Bank's own material
and technical supplies:
| 1. |
Additional leasing
of new premises and areas and technical equipment thereof; |
| 2. |
Construction of
new operational office; |
| 3. |
Coordinating with
share holders the issue of purchasing of new office |
| 4. |
Opening of new
exchange bureau; |
| 5. |
Establishing and
equipment of the Bank archive. |
Upgrading and improvement of information
and communication technologies:
| 1. |
Procurement and
installation of a new main server of the Bank; |
| 2. |
Installation and
putting into operation of new software; |
| 3. |
Improvement of
the 'bank-client' system; |
| 4. |
Creation of single
storage facility for information; |
| 5. |
Selection and installation
of internal document turnover system in the Bank. |
Improvement of the Bank management
system:
| 1. |
Creation of new
functional units; |
| 2. |
Approval of new
staffing schedule; |
| 3. |
Approval of new
regulations on structural units; |
| 4. |
Development of
tariff, limit, tax and accounting policies of the bank; |
| 5. |
Setting up of credit
committee; liberalization of credit policy. |
Improvement of bank technology:
| 1. |
Continuation of
work for providing information security of the bank; |
| 2. |
Providing for passing
to close of the bank by current working day; |
| 3. |
Passing over to
new work procedures under the SWIFT system; |
| 4. |
Improvement of
the system for storage of computer information. |
Implementation of new projects:
| 1. |
Draft project
for creation of joint Russian - Uzbek insurance company; |
| 2. |
Launching of new
banking products for individuals; |
| 3. |
Conducting a number
of practical workshop seminars and conferences on implementation
of new projects; |
| 4. |
Setting up of representative
office of JSCB 'Asia Invest Bank' in Uzbekistan. |
Organization of marketing promotion
on the Russian market:
| 1. |
Issuing of specialized
publications and small advertisement materials; |
| 2. |
2Placement of advertisement
and information materials with mass media; |
Formation of staff management system:
| 1. |
Improvement of
recruitment system introducing two month probation and
subsequent attestation; |
| 2. |
In-service staff
training including that through training system at NBU
and Specialized Joint Stock Commercial Bank (SJSCB) Asaka
Bank; |
| 3. |
Development of
corporate ideology, institutional culture and leadership
skills and functions; |
| 4. |
Identification
of limits of powers for the units senior executives.
|
| Contact
information: |
|
Asia-Invest Bank:
 (095)
363-37-02, 363-37-03, 367-37-04, 230-04-02, 237-43-88
e-mail: main@asiainvestbank.ru
Russia, 119017, Moscow Sity, 1st Kazachiy
lane,
b. 11/2 (subway "Polyanka") |
|
|
