Hi-Tech Bank to attract up to 15 million euros from the English company Trust Finance LTD as an investment

Tashkent, Uzbekistan (UzDaily.uz) – At the extraordinary general meeting of shareholders of Hi-Tech Bank, held on 6 January 2020, it was decided to attract up to 15 million euros from the foreign company Trust Finance LTD (Great Britain, London) at 4.5% per annum as an investment.

Also, at an extraordinary shareholders meeting, the quantitative composition of the Bank’s board was increased from 5 to 7 people.

In addition, according to the decision of the meeting, the funds previously allocated to the soft loan fund in the amount of 161.4 million soums were returned to the retained earnings account.