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Finance 24/10/2007 Ipoteka Bank’s total capital comprises 53.5bn soums
Ipoteka Bank’s total capital made up 53.5 billion soums as of 1 October 2007. The growth over the first nine months of this year made up 16.3 billion soums.

The shareholders’ equity made up 19.4 billion soums at the end of the reporting period. The third 15 billion soums stock float issued by the bank in the month of August has been placed to the amount of 8.4 billion soums.

The number of the shareholders today exceeds 15,800 individual and corporate entities.

The bank’s assets increased by 22.5% in the third quarter to 542.5 billion soums. The balance of the bank’s credit investments increased by 78.8 billion soums compared to the results of the third quarter of the previous year to 243.2 billion soums.

The number of the enterprises and organizations being serviced by the branches of the bank has totaled more than 60,000 corporate entities, including entrepreneurs.

Pursuant to the Presidential Resolution No. PR-670 dated 12 July 2007 "On measures to further raise the capitalization of banks and activate their participation in the investment processes and modernization of the economy", Ipoteka Bank implements measures to raise the bank’s capital. In this context, the board of the bank’s shareholders held a special meeting and decided to increase the authorized capital of the bank to 67 billion soums.

Compared to the beginning of this financial year, the bank’s resource base has increased by 99.6 billion soums, or 22.5% to 542.5 billion soums. The clients’ deposits made up 308.7 billion soums.
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