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Finance 21/05/2012 Ipak Yoli Bank to raise charter capital
Ipak Yoli Bank to raise charter capital
Tashkent, Uzbekistan (UzDaily.com) -- Open joint stock innovative commercial bank “Ipak Yoli” will increase its charter capital in line with the decision of shareholders.

According to the decision of shareholders, the size of announced capital of the bank was approved at the size of 44 billion soums.

Shareholders also approved maximum size of announced shares at the size of 84 million units with par value of 100 soums. Total sum of issue is 8.4 billion soums.

The shares will be placed on open subscription among shareholders and potential investors. The securities will be traded on market price, but not less than par value of shares.

Currently, the charter capital of the bank makes up 35.6 billion soums.

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