The press service of the bank said that Universalbank will place 26,000 ordinary shares with par value of 100 soums each.

The prospectus of emission has been registered at the Center for coordination and control over functioning of securities market on 4 January 2013.

Both legal entities and individuals can purchase shares. It is expected that the charter capital of Universalbank will reach 16.7 billion soums and aggregate capital – 18.4 billion soums.

Universalbank private open joint stock commercial bank was founded on 25 May 2002 with charter capital of 0.05 billion soums on the base of Qoqand private open joint stock commercial bank.

The headquarters of the bank is located in Qoqand city, Ferghana region of Uzbekistan. The main clients of the bank are small and private businesses, as well as retail clients.