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Finance 17/05/2010 Samarkand Bank adopts decision on 2009 income allocation
Samarkand Bank adopts decision on 2009 income allocation
Tashkent, Uzbekistan (UzDaily.com) -- Shareholders of Samarkand open joint stock commercial bank (Samarkand Bank) adopted decision not to pay dividends on its shares in the result of 2009.

In line with the decision, the bank will direct 15% or 17.365 million soums of 2009 income to formation of Preferential Crediting Fund.

The bank will also allocated 5% or 5.785 million soums from income to Reserve Fund of General Purpose and 10% or 11.571 million soums to raise capital of the bank.

According to the information of the bank, Samarkand Bank adopted decision on allocation of income for 115.708 million soums in 2009.

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