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Finance 20/10/2015 Ministry of Finance to get 27.22% shares of Ipoteka Bank
Ministry of Finance to get 27.22% shares of Ipoteka Bank
Tashkent, Uzbekistan (UzDaily.com) -- The Government of Uzbekistan adopted a decision to transfer state shares in Ipoteka Bank to Ministry of Finance.

The decision was adopted in line with the resolution of the Cabinet of Ministers of Uzbekistan “On additional measures on efficient and rational use of state objects” from 9 October 2015.

According to the resolution, the Center of managing state assets will transfer 27.22% of shares of Ipoteka Bank to the Ministry of Finance to exercise of shareholder right.

In line with the information of Ipoteka Bank’s website, the biggest shareholders of the bank are Ministry of Finance (23.56%), UzGazoil (25%) and other shareholders (51%). About 94.31% of shareholders are legal entities.

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