Wednesday, 22, May, 2019

Uzsanoatqurilishbank, Aloqabank and Asia Alliance Bank will hold IPO and SPO, the April 26 Cabinet of Ministers' resolution said. 10% shares of Uzsanoatqurilishbank and Asia Alliance Bank will go on IPO, while 10% shares of Aloqabank will be put on SPO.

The Uzbek Republican Commodity Exchange (UZEX) will put 12% of its shares on SPO. The initiators of the auction will be Uzmetkombinat and AMMC. Jizzakh Plastmassa will place 25% of shares on IPO.

Earlier, the government unveiled plans to sell its shares in Aloqabank and Asia Alliance Bank, and in a number of industrial enterprises.

Latest in Economy