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In line with the decision of shareholders, Samarkand Bank directed 25% of net income to formation of the Preferential Crediting Fund.
Shareholders also issued 10% of net income to formation reserve fund of general purpose, the bank’s statement said.
Samarkand Bank also will allocate 30% of net income to increasing the bank’s charter capital.
Shareholders also adopted decision not to pay dividends on shares of the bank.