In this issue:
2 Corporate news
2 Alp Jamol Bank to raise charter capital by 20bn soums
2 Ahbor-Reyting assigns solvency rating to Kafolat
2 Last week’s major legislation news
3 Industry news
3 Uzbekneftegaz, Petrovietnam discuss cooperation issues in Tashkent
3 GM Uzbekistan sells 160,000 cars in internal market
4 Politics and Economics
4 Investments volume in Uzbekistan reaches US$8.2bn
4 Cabinet sums up results of socioeconomic development of Uzbekistan in 2009
4 Upcoming events
5 UzSE
6 Tenders list
7 AFS Research productline
8 AFS Research services
Alp Jamol Bank to raise charter capital by 20bn soums
Shareholders of Alp Jamol Bank private open joint stock commercial bank adopted decision on raising charter capital of the bank through emission of additional shares.
The bank said it is planning to issue 200,000 ordinary shares with par value of 10,000 soums each within its 14th emission. Total sum of the issue is 20 billion soums.
Alp Jamol Bank said within 35 days after registration of the emission, the shareholders will have preferential right to purchase new issued shares. During the period, shareholders can acquire shares at 90% market price of shares, but not less than 10,000 soums.
The bank underlined that the shares will be placed within a year and it will be placed in organized and off-exchange markets.
Alp Jamol Bank private open joint stock commercial bank was founded on 16 March 1998 by a group of entrepreneurs, residents of Uzbekistan. The paid charter capital of the bank is 10 billion soums as of 1 January 2010. The bank said its assets made up 118.6 billion soums and own capital – 15.9 billion soums as of 1 January 2010.
Currently, the bank has five branches, 19 mini-banks, of which eleven in Tashkent city, 48 remittance points, 15 specialized cash offices and 19 currency exchange points. (http://www.uzdaily.com/articles-id-8836.htm)
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