Wed 11 2015 10:29:22

Tashkent, Uzbekistan ( -- The State Committee of the Republic of Uzbekistan for Privatization, Demonopolization and Development of Competition will sell state stakes at two commercial banks via Uzbekistan Stock Exchange.

According to the Center for Coordination and Development of Securities Market, Uzbekistan will sell 63.1% state stake in Turonbank with the starting price of US$29.9 million via the exchange.

The State Committee will also put for sale 47.6% state stakes in Aloqabank with the starting price of US$42.72 million.

The first trades on realization of state shares in the charter capitals of the banks will be held on 4 December.


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