Leasing company disclosed information on its intention to purchase 500,000 ordinary share or 3.7709% stake in the bank’s charter capital in line with the legislation of Uzbekistan.

After purchase of additional shares, Med Leasing will own 18.0562% stake in the charter capital of Turkiston Bank.

Turkiston Bank has been founded on 15 May 1997 in line with the legislation of Uzbekistan. The bank’s activities are regulated with the Central Bank of Uzbekistan and carried out in line with license No. 57 from 25 January 2003.

The bank’s main activity directions are rendering banking services, carrying out operation with securities, providing loans and guarantees.