TASHKENT, Uzbekistan, June 25. Emirati Bond Investments Limited will acquire 100 percent of shares in the authorized capital of Uzbekistan's Poytaxt Bank, Trend reports.
According to Uzbekistan's State Assets Management Agency, the company will purchase the bank with the condition of a one-time redemption in the amount of $10 million.
Bond Investments Limited has already prepared a comprehensive plan for the development of the bank's infrastructure with the introduction of the most modern mobile and digital financial technologies.
Earlier, Uzbekistan and the European Bank for Reconstruction and Development (EBRD) signed an agreement on the privatization of Asakabank.
The pre-privatization support includes the transfer of know-how, technical assistance, and possible equity investment.