State Stake in Hamkorbank to Be Put for Sale on 20 May

Tashkent, Uzbekistan (UzDaily.com) — As part of the implementation of Presidential Decree No. UP-70 dated 21 April 2025, the state-owned shareholding package of Joint-Stock Commercial Bank Hamkorbank will be offered for public trading on the stock exchange.

The offering concerns a 0.004% stake in the bank’s authorized capital. In total, 4,920,000 ordinary shares will be put up for sale. The starting price per share has been set at 56.51 soums, bringing the total initial value of the package to 278,521,200 soums.

The auction will be organized by the Uzbekistan Stock Exchange IUZSE), with sales conducted through its public trading platform starting from 20 May 2026.

Applicants will be able to submit purchase orders through licensed investment intermediaries. The final transaction will be concluded with the bidder offering the highest price in accordance with exchange regulations.

Both domestic and foreign investors are invited to participate in the auction.