According to the decision shareholders, the bank will pay 66.83 soums per ordinary and 495 soums per preferential shares with par value of 2,475 soums, which makes up 2.7% and 20% APR respectively.

As reported earlier, net income of the bank grew 2.1 times to 12.693 billion soums in 2010.

Shareholders adopted decision to direct 4.398 billion soums or 34.6% of net income to pay dividends. In particular, the bank will allocate 990 million soums to payment of dividends for preferential shares and 3.408 billion soums to ordinary shares.

The bank will direct 914.7 million soums to formation of Preferential Crediting Fund and 2.225 billion soums to formation of Targeted Reserve Fund. About 6.5 billion soums will be directed to raising charter capital.

Shareholders allotted 24.6 million soums to remuneration of member of the Bank’s Board and Revision Commission.

The charter capital of the bank is 131.175 billion soums and comprises of 53 million and 395 shares with par value of 2,475 soums. About 51 million and 395 shares are ordinary shares and other 2 million are preferential shares.

Uzpromstroybank was founded in 1922 and re-registered in 1991. Its main area of work is crediting enterprises of strategic sectors of industry. Main shareholders are Finance Ministry of Uzbekistan (35%) and Fund for Reconstruction and Development of Uzbekistan (26%).