Uzbek lender ANORBANK has received shareholder approval for an additional share issue worth 100 billion UZS to attract investment under its capital strengthening plan.
The general meeting of shareholders approved the decision on the additional share issue on October 5. The bank indicated that this will allow its capitalization plan to proceed without relying on circumstances surrounding any single shareholder.
ANORBANK is currently completing the legal and corporate procedures required to carry out the share issue and increase its capital. The bank continues to operate normally and meet all obligations to its clients.
