• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12618.63
    • RUB160.83
    • EUR14516.47
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +28°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Finance

    Garant Bank in Uzbekistan plans additional $9.7 mn share issue

    Garant Bank in Uzbekistan plans additional $9.7 mn share issue

    Garant Bank, a prominent financial institution in Uzbekistan, is gearing up to expand its shareholder base through an additional public offering of shares, as per information obtained from the Unified Corporate Information Portal of NAPP. The decision to proceed with this initiative was greenlit by the bank's supervisory board back in November 2023, although the official registration of the release was finalized only on February 7.

    Photo: Building of Garant Bank
    Source: Garant Bank
    The forthcoming offering will involve the issuance of 1.2 bn shares, each with a par value of UZS 100 ($0.0081), through an open subscription mechanism. This move is anticipated to inject a significant amount of liquidity into the market, with the total issue volume estimated at UZS 120 bn ($9.7 mn).

    As reported by the Tashkent Stock Exchange, Garant Bank presently has 2.3 bn securities in circulation, held by various shareholders. Among these, 3 mn are classified as privileged shares, while the remainder are categorized as ordinary shares. At the current valuation, a common share of the bank commands a price of UZS 232 ($0.019), translating to a market capitalization of approximately UZS 533.2 bn ($43 mn).

    Recent reports from Daryo indicate that the Tashkent Stock Exchange has excluded nine companies from its quotation list. 

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

     
    14.02.2024, 16:22   Comments (0)   1330
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Comprehensive analysis of Tashkent Stock Exchange trends in November 2023

    07.12.2023, 21:20

    Tashkent stock exchange bi-weekly review: Key movements and market dynamics

    12.12.2023, 18:39

    Tashkent Stock Exchange delists Jizzakh Plastics and eight others companies from exchange list 

    07.02.2024, 14:07

    Uzbekistan's banking sector sees nearly 20% rise in NPL

    14.02.2024, 11:56

    Uzbekistan's February budget shows $666 mn deficit

    07.02.2024, 16:33

    Uzbekistan and Kazakhstan see increase in personal bankruptcies - WB 

    07.02.2024, 08:51
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Beeline Uzbekistan started 2025 with a significant network modernization


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp

     

    Recommended

    Iran as the pressure point: How Washington’s campaign against Tehran seeks to undercut China and Russia - and why Central Asia risks the fallout

    19 June, 12:24

    "Visa simplification with Uzbekistan could be on the table," EU Ambassador Klaar points out

    11 June, 12:12

    “Uzbekistan is undergoing large-scale reforms and transformation,” says EU business leader at TIIF

    11 June, 08:34

    Central Bank warns half of monthly income goes to loans as debt burden rises in Uzbekistan

    3 June, 12:34
     
     
     

    Latest news

    Kazakhstan’s Magnum exits Uzbekistan after 3.5 years in market

    Uzbekistan | 19 June, 17:31

    UNDP, Japan partner on decarbonization project to boost energy efficiency in Uzbekistan

    Uzbekistan | 19 June, 15:23

    Startup Pulseev to deploy 500 EV chargers powering 100MW across Uzbekistan by 2026

    Uzbekistan | 19 June, 14:16

    Iran as the pressure point: How Washington’s campaign against Tehran seeks to undercut China and Russia - and why Central Asia risks the fallout

    World | 19 June, 12:24

    52 tourism projects worth $1.8bn to transform Parkent into key travel destination in Uzbekistan

    Uzbekistan | 19 June, 11:34

    Uzbekistan targets 1,266-ton fruit harvest from high-tech orchard in Parkent district in 2025

    Uzbekistan | 19 June, 10:30

    Uzbekistan’s Parkent district undergoes transformation with new railway and eco-city projects

    Uzbekistan | 19 June, 09:00

    EU to allocate €161mn in humanitarian aid for Afghanistan and regional refugees in 2025

    Afghanistan | 18 June, 15:30

    Russia to write off $300mn Tajikistan electricity debt

    World | 18 June, 14:01
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.