DUSHANBE, June 5, Asia-Plus - As of May 1, 2007, an issued share capital of open joint stock company (OJSC) OryonBonk, Tajikistan’s largest commercial bank, has amounted to 60 million somonis (equivalent to $17.4 million).

According to the National Bank of Tajikistan (NBT), OryonBonk currently tops Tajik commercial banks in terms of the amounts of authorized and regulative capitals.  OryonBonk’s regulative capital currently amounts to 85.6 million somonis.  

Jannat Qurbonova, the head of the OryonBonk department for securities, told Asia-Plus that the bank plans to declare the 11th emission of shares for a total amount of 100 million somonis in the near future.  According to her, thereby OryonBonk intends to increase its authorized capital stock to 160 million somonis (equivalent to $46.5 million)”

She added that with additional share emission they would also announce face value of one share.  Earlier, the face value of one share of OryonBonk was 10 somonis.  

According to Qurbonova, OryonBonk’s shareholders include 246 enterprises from various branches of economy such as transportation, communications, construction, industry, energy and agriculture.  

The shareholders of OryonBonk are currently 8,823 physical (8,577 or 82.9 percent) and legal (246 or 17.1 percent) entities.