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Finance 01/06/2012 Ipoteka Bank to raise charter capital to 109.34bn soums
Ipoteka Bank to raise charter capital to 109.34bn soums
Tashkent, Uzbekistan (UzDaily.com) -- Joint stock commercial mortgage bank “Ipoteka Bank” distributed net income for 2011, the bank statement said.

According to the bank, shareholders directed over 21.87 billion soums to increasing charter capital. The charter capital will be increased due to growth of par value from 1,360 soums to 1,700 soums.

In the result, the charter capital will reach 109.354 billion soums, the bank statement said.

The bank recalled that it directed 465 million soums to payment of interim dividends in 2011. Taking into account this, the shareholders issued 170 millionn to payment of dividends on 2 million preferred shares or 85 soums per each share.

The bank also allocated 4.238 billion soums on payment of dividends on ordinary shares. The size of the dividend per share makes up 68 soums. Total number of shares, on which dividends are paid, makes up 62.326 million units.

Shareholders also directed 2.5 billion soums to formation of preferential crediting fund. Some 141.6 million soum were directed to remuneration of Supervisory Council and 9.4 million soums – to revision commission.

They also issued 1.01 billion soums to formation of reserve fund of the bank, the statement said.

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