The Center for coordination and control over functioning of securities market of Uzbekistan registered the emission of Credit Standard Bank on 30 December 2010.
Credit Standard Bank will issue 11,200 units of preferential shares with par value of 360,000 soums each.
The shares will be placed on closed subscription. All shares of the emission will be realized to Transcapital LLC. The shares will be floated on market value, but not less than its par value.
Credit Standard Bank was founded on 16 August 2010 with the charter capital of 1.3 billion soums. Headquarters of the bank is located in Tashkent. Assets of the bank made up 276 billion soums and own capital of the bank reached 34.904 billion soums as of 1 January 2011.