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State Development Bank of Kyrgyzstan increases its authorized capital

The State Development Bank of the Kyrgyz Republic held a general meeting and made a number of decisions. The website of the Kyrgyz Stock Exchange says.

A decision was made to increase the authorized capital of the State Development Bank of the Kyrgyz Republic by 1 billion soms, that is, from 18,700 billion soms to 19,700 billion soms.

The number of common registered shares of the State Bank in circulation was also increased by 1 million copies with a placement price of one share of 1,000 soms, for a total of 1 billion soms, with a total authorized capital of 19,700 billion soms.

The State Development Bank of the Kyrgyz Republic also approved its charter in a new version. It was announced that the procedure of state re-registration of the State Development Bank of the Kyrgyz Republic OJSC will be carried out in the justice authorities of the Kyrgyz Republic.

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