Tashkent, Uzbekistan (UzDaily.com) -- Several applicants showed interest in buying a state share in the authorized capital of Uzagroexportbank and Poytakht Bank. This was reported by the State Assets Management Agency.

The agency notes that the first stage of the sale of state shares in the authorized capital of two banks has been completed.

Until 5 July 2021, 3 applicants showed interest in acquiring the state share in the authorized capital of Poytakht Bank JSC, and 4 applicants showed interest in acquiring the state share in the authorized capital of Uzagroexportbank.

All applicants were found to meet the pre-qualification requirements for the sale and were admitted to the next stage.

At this stage, the relevant Non-Disclosure Agreements (NDAs) will be signed with the applicants and they will be provided with additional information about the Banks, including an information memorandum, financial statements, reports on the results of studying the legal and tax aspects of the Banks' activities.

The agency informed that the international consulting companies Deloitte and Grant Thornton have been hired as consultants for the sale of the state share in the authorized capital of banks.