Bank of Asia approves 100 million som increase in authorized capital
Bank of Asia Increases Authorized Capital by 100 Million Soms
Bishkek – 15:14, 29 March 2025 – Bank of Asia has announced its decision to increase its authorized capital by 100 million soms, according to the Kyrgyz Stock Exchange website.
The decision was made during the annual meeting of shareholders, where the bank presented the results of its activities for 2024 and outlined key areas for future development. Shareholders approved the issuance of an additional 100,000 ordinary shares with a par value of 1,000 soms each, resulting in an increase in the bank’s authorized capital from 1.2 billion soms to 1.3 billion soms.
This move is seen as a strategic decision to strengthen the bank’s financial position and support its growth objectives. Bank of Asia continues to focus on providing high-quality banking services to its customers and contributing to the economic development of the Kyrgyz Republic.
The news of the capital increase is expected to have a positive impact on the bank’s operations and demonstrate its commitment to growth and stability in the financial sector. Investors and stakeholders are encouraged by this development and look forward to the continued success of Bank of Asia in the future.
