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Finance 10/07/2013 Davr Bank to place additional shares for 4.5bn soums
Davr Bank to place additional shares for 4.5bn soums
Tashkent, Uzbekistan (UzDaily.com) -- Private closed joint stock commercial bank “Davr Bank” will issue shares for 4.5 billion soums, the bank’s statement said.

The Center for Coordination and Control over functioning of securities market under the State Property Committee registered a prospectus of emission of the Uzbek bank.

According to the prospectus of emission, Davr Bank will place 450,000 ordinary shares with nominal value of 10,000 soums each. Total sum of emission is 4.5 billion soums.

The bank said that the shares of the emission will be placed among shareholders of Davr Bank.

Private closed joint stock commercial bank “Davr Bank” works in Uzbek banking system in line with license of the Central Bank No. 71 from 29 September 2001.

The bank has four branches and three mini-banks. It is planning to expand its branch network.

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