OREANDA-NEWS. May 29, 2007. The executive council of the State financial supervision and accounting agency attached to the Government of the Kyrgyz Republic passed a resolution, reported the press-centre of AUB.

According to this resolution a registration of the  report  on the results  of issuing and  floatation of OJSC “AUB’s” stock, 1 000 000 common nominal share strong, at  par value of 100 soms each, and increasing of the Bank’s authorized capital stock by the amount of 100 000 000 ( one hundred million) soms, was conducted. Now the Bank’s paid-up capital comprises 400 000 million soms, and according to this index the Bank enters the list of the top three banks of the Kyrgyz Republic.

The substantial enlargement of the authorized capital stock increases the Bank’s financial stability and provides new opportunities for the further development. An authorized capital stock’s amount is an important index that defines a bank’s stability. A heavy capital warrants a profitable and steady development of the bank and is a guarantor of clients’ trust.