The Center for coordination and control over securities market under the State Property Committee of Uzbekistan registered prospectus of emission of the bank.

In line with the prospectus of emission, the bank will issue 60 million ordinary shares with par value of 100 soums each. Total volume of emission makes up 6 billion soums.

Currently, the charter capital of Ipak Yuli Bank will make up 23 billion soums. Earlier, the bank issued 229.94 million ordinary shares and 60,000 preferential shares with par value of 100 soums each.

The shares will be placed on open subscription among unlimited number of potential investors and without providing primary purchase right to shareholders of the bank.

The emission is aimed at increasing charter capital of the bank in order to meet requirements of legislation of Uzbekistan on banks’ capital adequacy and ensure further development of investment activity.