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Finance 13/09/2010 Uzpromstroybank raises charter capital by 4.8%
Uzpromstroybank raises charter capital by 4.8%
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan Industrial and Construction Bank (Uzpromstroybank), one of the largest commercial banks of Uzbekistan, increased its charter capital.

Uzpromstroybank increased its authorized capital by 4.8% to 123.75 billion soums. The bank registered the emission prospectus for 123.75 billion soums.

The bank issues 50 million shares with nominal value of 2,475 soums each, which comprises of 48 million ordinary shares and 2 million preferential shares.

Total volume of ordinary shares makes up 118.8 billion soums and preferential shares – 4.95 billion soums.

The emission is placed among shareholders through exchange of shares with par value of 2,360 soums to new ones with nominal value of 2,475 soums.

At the same time, the charter capital of the bank was formed at the volume of 118 billion soums and other part for 5.75 billion soums formed due to undistributed income of previous years.

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