DUSHANBE, March 26, Asia-Plus – Open joint-stock company (OJSC) AgroInvestBonk plans to have increased its declared capital from 27 million somonis to 54 million somonis this year.
Sharif Qaraqulov, the head of the AgroInvestBonk department for deposits and attracted resources, said in an interview with Asia-Plus that the bank plans to issue 270,000 other shares for a total amount of 27 million somonis and 27,000 privileged shares for 2.70 million somonis.
According to him, a decision on this subject was made at the last general meeting of the bank’s shareholders that was held in Dushanbe on March 24. “Any citizen of Tajikistan coming of age may become shareholder of the bank,” Qaraqulov said.
He added that dividends paid by the bank to its shareholders on simple shares amount to 30 percent. “But this rate is unfixed and may change through the year, depending on a profit earned by the bank,” the AgroInvestBonk official said, noting that holders of simple shares have the vote at the general meeting of the shareholders.
“As afar as the privileged shares are concerned, their holders do not have the vote at the general shareholders’ meeting but they receive stable fixed income”
According to Qaraqulov, thereby the bank intends to strengthen its financial potentials and expand its relations with other banks at international level.
Founded in 1992, AgroInvestBonk, with headquarters in Dushanbe, has main branches in Khorog, Khujand, Kulob and Qurghon Teppa and 57 other branches across the republic. At present AgroInvestBonk’s declared capital includes 270,000 shares, valued at 27 million somonis. The face value of one share is 100 somonis. Some 1,500 shareholders, with 97.8 percent of them being physical entities, currently participate in management of the bank.
As of January 1, 2007, the bank’s regulative capital has amounted to 56.2 million somonis.
