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Finance 08/04/2013 Davr Bank to pay dividends for 2012
Davr Bank to pay dividends for 2012
Tashkent, Uzbekistan (UzDaily.com) -- Private closed joint stock commercial bank Davr Bank will pay dividends for 2012.

The Uzbek bank said that its undistributed income of the bank after tax and mandatory payments in 2012 made up 6.336 billion soums.

In line with the decision of the shareholders, Davr Bank will direct 325 million soums to reserve fund and 2.25 billion soums to payment of dividends.

According to the bank, the size of dividend per ordinary share makes up 1,500 soums (15% of par value). Number of shares, on which dividends are paid, makes up 1.5 million units.

Shareholders of Davr Bank reserved other part of undistributed income to increasing charter capital of the bank.

The bank’s shareholder determined maximum size of shares, which bank can place. In line with the decision, Davr Bank can issue 450,000 ordinary shares with par value of 10,000 soums each. Total sum of the announced shares is 4.5 billion soums.

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