In 2017 – 2019, Uzbekistan’s Agrobank intends to gradually increase its share capital by 250 billion soums at the expense of shareholders and additional investors. The funds will be spent for the procurement of agricultural machinery.
Owing 5.1 trillion soums of assets and the registered capital of 367.1 billion soums, the bank ranks among the country’s five largest banks. The bank allocates loans to the companies engaged in the production and processing of agricultural products.
The international rating agency Fitch Ratings has recently upgraded the bank’s rating in terms of local and foreign currency from ‘B’ to ‘B+’ stable outlook.
