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Garant Bank to place 1.2 billion shares

Garant Bank to place 1.2 billion shares
Garant Bank to place 1.2 billion shares

Tashkent, Uzbekistan (UzDaily.uz) -- Garant Bank is planning an additional placement of shares at public auction.

The bank registered the issue of shares.

As part of the issue, the bank plans to place 1.2 billion shares with a par value of 100 soums each.

The total volume of the issue will be 120 billion soums. The shares will be placed by open subscription.

At the moment, the bank has 2.3 billion securities, including 3 million preferred shares.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.